Main image: Prices in Hampstead have risen by nearly a quarter since 2020
Buyer demand dips in prime London, but appetite for super-prime homes grows
A drop in demand for prime property is 'hardly surprising', says the boss of estate agency Benham and Reeves - but the very top-end of the London market appears buoyant in the face of an economic downturn.
US billionaires splashed over £600mn in London’s top postcodes last year, with more to come in 2023
Ultra-wealthy Americans spent a record amount on luxury PCL homes in 2022, and are tipped to continue dominating the super-prime property market in the year ahead.
Buyer demand builds in Prime Central London
Property prices dipped in PCL in Q2, reports JLL - but the estate agency has seen a sharp rise in potential buyers registering with its central London offices.
London’s super-prime property market ‘has very much found its feet again’ as transaction levels remain high
Spending on £10mn+ homes in London has reached a seven-year high, leading Knight Frank's Rory Penn to suggest that 'for now, the super-prime market in London has very much found its feet again.'
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LATEST ARTICLES
OB Private opens new office in Notting Hill
Expansion marks 'new era' for luxury property, travel & lifestyle brand.
Forecast Round-Up: What’s in store for prime property prices in 2025?
It looks like a busy start to the new year - but the outlook for house prices is less clear.
‘London leavers’ fall to decade low
Londoners bought 45% fewer homes outside the capital in 2024 than in 2021.
Mayfair mega-deal revealed in official records
Grosvenor Square penthouse went through as one of 2024's biggest resi transactions.
RICS installs new president
Adair boss Justin Sullivan takes the reins from Tina Paillet.