Economics
‘Covid-era [house-buying] activity set to eclipse everything since the credit crunch’ – UK Finance
“The combined boost to [property market] demand from stimulus measures and societal changes has more than offset any dampening effects from Covid-19 and wider adverse economic factors," says banking…
Mortgage lending dropped sharply as the Stamp Duty holiday ended
"Parts of the market are beginning to normalise after a remarkable burst of activity," comments Savills' research chief, Lucian Cook.
UK house prices to rise 20% in the next five years, predicts JLL
Property price inflation "will be driven by mortgaged households who have seen high wage growth, housing equity growth over the past decade and can now also access historically low mortgage rates," says…
Mapped: House price inflation rates around the world
The OECD has created a new Housing Data Dashboard, allowing easy comparisons of key property market metrics for developed economies around the world.
Global real estate bounce ‘will extend into 2022’, predict economists
But Oxford Economics expects real estate returns to "temper considerably" by 2026, "falling well below their historical trend".
‘Behemoths like New York & London look to be awakening from their slumber’, but prime global city price growth to ease in 2022
Knight Frank's team flags five key drivers of global property price growth in 2022, and six international trends to watch.
Official data confirm sharp drop in transactions after SDLT holiday
85,000 homes changed hands in October, according to HMRC's data - 52% fewer than in September, during the last of the stamp duty holiday rush.
FT: The oldest asset class of all still dominates modern wealth
Writing for the FT, Rana Foroohar explains why so much global wealth is still tied up in bricks and mortar, and the 'troubling' ramifications.
Stock shortage thwarts home-buying activity
Surveyors reported a small dip in sales volumes despite rising buyer enquiries in October, as house-hunters struggled to find suitable homes to buy.
Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
Interest rates: why the era of cheap money is finally ending
John Whittaker explains why the future will be tougher thanks to higher interest rates, or higher inflation, or both…
High-end sales surge boosts stamp duty receipts
Latest quarterly stats from HMRC signal 'significant' activity at the top-end - and reveal the impact of the recently-introduced overseas buyer surcharge...