The Market
Most buyers & sellers expect to move within three months – OTM
84% of property sellers expect to sell their home within the next 90 days, according to the inaugural OnTheMarket Sentiment Index, while 75.5% of buyers expect to find their next home within the same timeframe
Central London rents likely to recover to pre-pandemic levels within a year – Hamptons
Average rents in central London have fallen by 16
Heatmapped: Runaway regional markets drive highest house price inflation since 2005
‘Any slowing of price rises in the period of March to May because of the initial expected end of the stamp duty holiday has been short-lived’, reports Acadata.
Guy Meacock: London is really hitting its stride now
The capital has played second fiddle to the country market over the last year - but is now showing the sort of resilience that surprised us all post-GFC.
English Housing Survey: Happy homeowners & poor energy efficiency
A selection of key findings from the recently-published 2019-20 English Housing Survey.
What the first week post-SDLT holiday tells us
Data from the first week following the end of the full stamp duty holiday suggests the market will quickly regain momentum, writes Tom Bill - but the lack of supply remains a problem...
Prime London records first rental growth since start of the pandemic; commuter zone soaring
‘Lockdown deals’ are no longer a feature of the market, reports Savills.
House prices likely to rise further as supply falls again – RICS
Faltering supply continues to underpin house price inflation across the UK, reports the Royal Institute of Chartered Surveyors.
Asian buyers to dominate London’s luxury market – Northacre CEO
Niccolò Barattieri is hoping international buyers will return to the capital in Q4
Urban house prices around the world are rising at their fastest rate since 2007
43 of the 150 global cities tracked by Knight Frank have seen prices escalate by more than 10% over the last year, with five above 25%.
Prime lettings market is ‘on the verge of a notable escalation in activity’
New applicant numbers last month were nearly double the levels seen in 2019, reports Knight Frank.
Global HNW population booms, but not in the UK
The global millionaire population grew 6.3% in 2020, surpassing the 20-million bar, while total millionaire wealth grew 7.6% to tickle US$80 trillion.