The Market

Tokyo leads international city rankings with annual uplift of 6%, while Toronto, Auckland & Singapore all saw rents fall in 2024.

No taxing announcements today - but fresh Office for Budget Responsibility forecasts expect a big boost to housebuilding, with residential transaction volumes & property values also climbing over the next…

Official data suggest property price growth has been steadily gathering pace since bottoming-out at the end of 2023.

Chestertons flags 'sharp' increase in enquiries & 30% uplift in number of tenants moving; fellow high-profile firm Foxtons says market likely to remain 'highly competitive' over the coming months.

The latest Zoopla house price index confirms we're in a buyers' market.

A run of sales activity in the last seven days means Q1 is ending on a relative high.

'2024 ended with a bang for super-prime markets,' says Knight Frank, but tax speculation dampened London's top-end.

Real estate tax revenues account for more than 3% of GDP in seven major economies - with the UK at the top.

Our panel of luxury property leaders urges the Chancellor to ease the tax burden on residential transactions, and to make Britain a more hospitable place for international investors & HNWIs.

Hopes of a surge in confidence have given way to a market still finding its footing, with billions quietly leaving the city and sentiment shifting faster than even the most seasoned observers expected…

A clearer picture around tax & inflation may help to underpin demand, explains the agency's UK resi research boss Tom Bill.

London's total housing bill has soared by +27% in two years.