Building material costs likely to rise by 10% over the next year
Construction growth - led by the private housing sector - is placing new pressure on labour and supply chains, warns the RICS.
Housebuilding numbers rise to an 11-year high
New-build home completions have jumped by 8%, but marginally fewer new-builds were started in the year to June compared to the previous 12 months
By PrimeResi
Bloomberg: UK builders see Brexit crisis when foreign labour disappears
Britain's construction industry "will lose access to the lifeblood of its workforce" as a result of leaving the EU, warns Bloomberg journalist Olivia Konotey
By PrimeResi
New housing supply hits a 30-year high
9% more homes were added to England's total housing stock in the 12 months to March 2019 than in previous year. 241,130 is the highest number of new homes since official records began in 1991-92.
By PrimeResi
Companies in this article
RICSMost read
Major London estate agency accused of ‘a culture of sexual harassment, antisemitism, racism & bullying’
'Any matters of sexual harassment or misconduct are taken extremely seriously, thoroughly investigated and in no way tolerated,' says Foxtons in response to a Bloomberg investigation.
By PrimeResi
Agency seals string of big-ticket deals in SW London
Resale records fall in Barnes & Wimbledon as a new generation of wealthy buyers seeks out London village living.
Hamptons installs new Kensington sales boss
Former Sotheby's director to lead agency's high-profile operation in W8.
One Hyde Park residents sue over alleged defects
Corroded pipes could cost £35mn to repair, suggest lawyers for super-prime Knightsbridge home-owners.
By PrimeResi
Historic Cotswolds ‘masterpiece’ now seeking £13.5mn
Previously asking £20mn, the Grade II* listed Edgeworth Manor near Stroud is one of the Cotswolds' finest.
Property Listenings: Three real estate podcasts to hear this month
Catch up on fascinating conversations with industry insiders in PrimeResi's new regular round-up.
In Pictures: ‘Iconic’ Kensington penthouse seeks buyer
'Garden in the sky' was created in the early 1960s & sits at almost the highest point in the Royal Borough.
International buyer picks up £15mn Mayfair townhouse
Knight Frank's Mayfair & Private Office teams collaborate on sale of 'exceptional' property near Hyde Park.
The Building Safety Act & Luxury Property Development: What we’ve learned so far
It's been over a year since the Building Safety Act came into force, bringing sweeping changes for the construction sector.
Key launches, challenges & trends in London’s new homes market
Sales are proving strongest for build-complete homes, and nearly a third of developers are expecting stronger reservation volumes in 2025, reports Anna Ward.
By Anna Ward
LATEST ARTICLES
Rightmove revenues climb further as estate agents spend more
Dominant property portal saw total income rise 7% in 2024, and expects revenue to swell another 8-10% this year.
By PrimeResi
Aldar debuts huge nature-themed scheme in Dubai
LEED & Fitwel-approved mega-project, The Wilds, is aiming to become 'the most sought-after green development in the emirate'.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
25 Years On: How the super-prime lettings landscape has changed since the turn of the millennium
Today's top-end tenants are a lot more footloose & want the comfort of five-star hotel living, explains Amelia Greene.
Jo Eccles: On price inconsistency & a key challenge for buyers
Realistic expectations & up-to-date information are crucial for success in the current market, says top buying agent.
By Jo Eccles