Asking prices rise to an all-time high as sales activity blossoms
"The key metrics so far all point to a much more active market than last year," says Rightmove, "fuelling upwards price pressure." But "the current fast pace of the housing market could now be temporarily affected by the spread of the Covid-19 coronavirus."
Asking prices rise to ‘within a whisker of a new record’, but sales still struggle
New seller supply 'remains constrained nationally', says Rightmove as we approach the year's halfway point - particularly in southern regions
Asking prices drop for the first time this year as properties stick on the market
'Key metrics indicate a buyers’ market in the second half of 2019,' says Rightmove, as the portal notes 'tentative signs of the market bottoming out' in London
World cities see prime property prices rise at fastest rate since 2016
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
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Knight Frank claims dominance in London’s prime & super-prime markets
High-profile agency updates on sales figures, market share & projections for 2025.
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London records worst month for £5mn-plus sales since 2008
The top end of the market took an extended Christmas break in January, reports LonRes, and is 'unlikely to return to the highs of 2021 and 2022 any time soon'.
Knight Frank: Five reasons developers should bet on London’s land market
Resi development boss Nick Alderman makes the case for building in the capital, amid market resilience & 'unique opportunities' in the residential space.
Boutique PCL agency bolsters team
Park Lord's new recruit has been specialising in the high-end markets of St John’s Wood, Little Venice, Marylebone for the last 35 years.
‘A new breed of super-prime tenant’: Top agencies report shifting trends in London’s luxury rental market
Savills has welcomed the arrival of 'a new breed of super-prime tenant' in the capital, while UK SIR flags a rise in high-value 'try before you buy' rentals.
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Knight Frank claims dominance in London’s prime & super-prime markets
High-profile agency updates on sales figures, market share & projections for 2025.
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'Museum in the sky' at luxury Foster + Partners project showcases works never before seen in NYC.
Postcard from New Zealand: Optimism is on the rise in Auckland
Peter Thompson of Barfoot & Thompson/Luxury Portfolio International reports on a 'strong increase' in luxury property sales as both supply & demand build.
Veteran London agent laments ‘ritual slaughter of agents’ coffers by the digital portals’
'Rightmove’s latest 18% price hike is outrageous,' rails Trevor Abrahmsohn. 'But what do the agents really expect now that they have lost control of OnTheMarket?'