The Market
Staging can boost a property’s value by 10%, says agency
US-style approach has been particularly effective in the London market of late, says Benham & Reeves.
London’s luxury property market is still soaring, but stock levels are on the slide
LonRes has recorded some healthy transaction volumes above £2m, but prospective buyers are now facing a distinct lack of options…
‘The market is getting more binary‘: Why PCL is still far from normal
It’s a 'confusing and patchwork' picture for buyers and sellers right now, reports Knight Frank, with big variations in value depending on neighbourhood, property type, amenities and state of repair.
Seasonal slowdown opens a ‘buying window’, says property portal
A 0.6% dip in average asking prices is "an early Christmas present" for home-buyers, says Rightmove, while a jump in valuation requests from potential property vendors is "a sign of building momentum.
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.
Winkworth set to beat profit forecasts
The market has been buoyant this year, reports the franchise operator, but trading conditions are expected to return to a 'more normal pattern' in the months ahead
Most home-buyers ‘don’t factor in energy efficiency in their purchase’ – yet
Less than a quarter of surveyors think that a property’s energy efficiency rating has any impact at all on a its selling price, according to a new survey by the RICS.
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.
Heatmapped: ‘The general picture is one of a slowing market’
The annual rate of inflation across England & Wales has slipped to 4.1%, reports Acadata, but ‘there will be no price collapse as some had previously suggested’
Winkworth boss: ‘We may have passed peak country’
There are people returning to Notting Hill because they thought rural life would be like Soho Farmhouse, says Dominic Agace.
Ranked: Britain’s hottest buyers’ & sellers’ property markets
Two-thirds of homes listed for sale on Rightmove are already marked as Sold Subject to Contract, up from around half last Autumn.
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.