Economics
‘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...
Ranked: Which areas have seen the biggest rise in the total value of housing stock over the course of the pandemic?
Only three local authority areas in England and Wales saw the total value of their housing stock fall during the pandemic period, and they're all in the capital: Westminster (-10.1%), Lambeth (-2.
BoE holds interest rates at a record low, despite anticipation of a rise
"We expect interest rates will need to rise modestly to return inflation to our 2% target," confirmed the MPC today.
Volatile property market to calm, says OBR as it upgrades house price forecast
"House prices have risen significantly faster since the start of the pandemic than we had expected, says the Office of Budget Responsibility.
Budget 2021: Property industry reactions
"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...
Budget 2021: Property industry reactions
"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...