Economics
OBR boosts house price forecast
Average UK house prices are likely to fall 2% this year and 0.4% in 2025, says the Office for Budget Responsibility, with a return to positive growth slated for 2026.
‘London offers the best outlook for residential real estate’ of any major European city, claim economists
'Fundamentals favour London as a residential opportunity,' says Oxford Economics.
13 key findings from Knight Frank’s 2024 Wealth Report, and 5 big themes shaping real estate markets this year
The property consultancy's 18th flagship research report delves into real estate investment drivers, global economic and policy shifts, HNW lifestyle trends, luxury collectibles, AI, sustainability and…
Global UHNWI population bounces back, climbing 4.2% in the last year
Knight Frank's Wealth Report 2024 highlights a recent 'wealth revival' alongside a massive ongoing generational shift in fortunes
Budget 2024: The prime property sector’s hopes & expectations
'All we hope for is a reduction in SDLT,' says one London estate agency chief - 'however in reality I suspect there is more chance of stumbling across a unicorn in Regent’s Park!'
Britain’s HNWIs lean towards voting Labour
27% of wealthy voters are planning to back Kier Starmer's party at the next General Election, according to a survey of HNWIs, compared to just 16% for the Conservatives and 15% for the Liberal Democrats
Lloyds tweaks house price forecasts, anticipating ‘more modest’ declines in 2024
'We expect house prices to fall between 2% and 4% this year,' says Britain’s biggest mortgage lender.
Could taxing land more than income fix the UK housing crisis?
'The underlying value of land on which housing sits is now the foundation for the UK economy', says Professor Nick Gallent of The Bartlett School of Planning, as he explores one option that could make…
Ranked: London property Vs eight other investments over the last decade
'Bricks and mortar has remained one of the most consistent investments one can make down the years and the long-term returns speak for themselves,' says Foxtons' boss.
Tom Bill: Jobs data stands out in a blizzard of economic news
For the housing market, last week’s wage data was more significant than news of a recession, explains Knight Frank's UK resi research boss.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, Investec, the ONS, Chesterton, Savills, Hamptons & more...
Currency Matters: The question isn’t whether, it’s when
David Huggett reports on the interplay between real estate markets, currency prices, and interest rates - and what the latest shift might mean for global economies...