Canadian PM pitches two-year ban on foreign property buyers
“You shouldn’t lose a bidding war on your home to speculators," declared Canadian Prime Minister Justin Trudeau at an election campaign event. "It’s time for things to change. No more foreign wealth being parked in homes that people should be living in.”
Activity returns to global property markets, but there’s a ‘disconnect’ between buyers & sellers on pricing
Residential property activity in China "has largely returned to normal" after two or three months out of lockdown, reports Savills.
Global property price inflation hits a two-year low
The average residential property prices across 57 countries and territories around the world has escalated by some 41% since Knight Frank started counting back in 2009
Global Property Buyers in 2021: Five key stats & five future trends
Knight Frank's Global Buyer Survey 2021 tracks how the world's affluent property buyers’ priorities, motivations and attitudes are changing.
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Budget 2025: The luxury property industry’s hopes, fears & expectations
PrimeResi has surveyed 50 industry leaders, including estate agency owners, sales brokers, buying agents, luxury developers, financiers, legal advisors, and more.
PCL agency co-founder joins UK Sotheby’s International Realty
George Vernon has taken up a Consultant Senior Lettings Director role at the luxury brokerage.
Buyer sought for £100mn-GDV luxury resi project in Mayfair
Agents are expecting global interest in the ‘oven-ready’ development opp on Upper Grosvenor Street.
London estate agency announces major recruitment drive
Dexters wants to take on 200 new recruits via its Training Academy in 2026.
Knight Frank appoints Head of Short Lets amid expansion drive
The high-profile agency is looking to ramp up its presence in the short-term rental market.
New sales & marketing boss at The OWO Residences
Alex Rusling will be leading sales & marketing activities at the super-prime Raffles-branded scheme in Whitehall.
‘Ambassadorial’ St John’s Wood townhouse sells for £11.5mn
A £3.25mn price cut did the trick for the Grade II listed pile on Hamilton Terrace.
In Pictures: £27mn Rossetti-inspired penthouse launches at Marylebone Square
Marquee unit at long-running PCL project has been named after Christina Rossetti - and is being sold with a first edition collection of poems by the celebrated romantic writer.
American investment boom could ‘lift London house prices’ by up to 3%
Top-end mortgage broker reports a spike in transatlantic enquiries following the recent US State Visit.
Savills cuts mainstream house price forecasts again
Average property values likely to increase by 22.2% over the next five years, say analysts, as regional price divides narrow.
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House prices lower than 20 years ago across a quarter of Great Britain – Savills
While nominal prices have jumped by an average of 95% over the past two decades, analysis shows inflation-adjusted gains remain below 9%.
Former CBRE resi chief Collins joins Kingdom
Mark Collins is now a Non-Exec Director at Raihan Jumah & Obaida Al-Ghazawi's property consultancy.
Nobu moves on Miami’s luxury resi scene with Foster + Partners-designed tower
The 74-storey 619 Brickell will deliver 300 residences and the US city's second Nobu eatery.
Penthouse ‘jewel’ unveiled at Chelsea Waterfront’s Powerhouse
In Pictures: Fiona Barratt-Campbell designs duplex spread atop century-old SW London landmark.
Agency reports ‘strong buyers’ market’ as developers ‘struggle to sell new homes’
Chestertons has flagged a 'momentary imbalance of supply & demand' in the new-build sector, putting buyers in 'a particularly strong position to negotiate incentives & price reductions.'