The Market
Phillippa Dalby-Welsh: Key trends to watch in the prime country house market this year
Following an unprecedented run in 2020 and 2021, the high-end country house market appears to be holding up well, with buyer registrations still tracking above pre-pandemic levels.
Agents report ‘noticeably less competition’ for development land
Major housebuilders have cut back on land buying in an effort to ride out the weaker sales market, says Savills, with some pausing activity altogether.
Official data shows ‘slightly weaker’ property sales market in December
Transaction volumes remain slightly above pre-pandemic levels, according to the latest (provisional) HMRC count.
Keir Waddell: Five PCL developments that will define five trends in 2023
Strutt & Parker's London new homes sales chief reflects on the big themes to emerge in the prime development sector lately, and the projects currently setting the tone in the luxury market...
Stock influx eases rental market squeeze
Supply levels in many areas are as high as they have been since before the pandemic, reports Knight Frank
‘More pain likely for global housing markets,’ warn economists
'The rapidity of recent price declines in economies like Sweden, Canada, New Zealand, and Australia suggests prices may retrace a large part of their previous boom,' says Adam Slater of Oxford Economics.
Tom Bill: The impact of cheaper mortgages may eclipse house price declines
Effect will be more marked for those with higher loan-to-value ratios, says Knight Frank's UK resi research boss...
Former Housing Secretaries back report ‘demolishing housing market myths’
Former housing policy-makers Sajid Javid, Simon Clarke, Brandon Lewis and Kit Malthouse agree that housebuilding policies have not been good enough.
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, Savills, Rightmove, Foxtons, OnTheMarket & more...
What 2023 has in store for the world’s leading city residential markets
17 of the 30 locations tracked by the Savills prime residential world cities index are expected to record slower growth in 2023 than in 2022, but 13 are forecast to equal or exceed last year's price…
Why Canada’s ban on foreign homebuyers is unlikely to affect housing affordability
A new act in Canada bans non-citizens, non-permanent residents and foreign commercial enterprises from buying Canadian residential properties;
London rents jumped 20% in 2022, and demand remains high
Demand for rental homes in London 'remains high and I do not see a great glut of stock on the horizon,' says Sarah Tonkinson of Foxtons.