The Market
Properties sold above asking price reach an all-time high as demand continues to outpace supply
There are 16 buyers for every available property on the market, according to Propertymark.
Affluent home-buyer demand has shifted, but which trends will endure?
"Mega estates are making a comeback," says American property giant Coldwell Banker. "Gardens and backyard settings are being re-envisioned. Luxury medical concierges are the next big wellness trend
The investment case for global property: What ‘the next generation’ wants
Flora Harley explains how preferences are shifting amongst younger ultra-high-net-worth individuals around the world...
UK market set for ‘rapid’ slowdown in H2 – Cluttons
Agency predicts things will peak for the national market in Q2, with PCL set for strong growth next year.
Housing market rallies to highest spending level since the Global Financial Crisis
New estimates show the extent to which spending in the housing market has bounced back from the pandemic.
Beyond the eco-conscious affluent: Is there a green premium for new homes?
Consumer sentiment is increasing towards more sustainable "green" homes, say Lucy Greenwood & Patrick Eve of Savills, but only larger homes achieve a "green" premium.
London’s rental relocaters advance to Mayfair
Agency reports surge in enquiries from tenants looking take advantage of lower rents in the capital's most exclusive neighbourhoods.
Central London property transactions jump – but buyers remain ‘cautious & price-sensitive’
Winkworth has reported a 48% surge in central London buying activity (15% ahead of the five-year average), but still describes the market as "muted".
‘City centre locations and flats are staging a comeback in the housing market’ – Rightmove
Demand for flats and urban locations are rising at a faster pace than for other types of property.
Crossrail property prices likely to ‘continue to climb’ despite delays
"We expect to see house prices along the Crossrail route continue to climb as its launch approaches," says Marc von Grundherr of Benham and Reeves.
House price inflation rises to highest rate since August 2007 – UK HPI
The annual rate of UK property price inflation climbed to 10.2% in March, according to official data.
April 2021 ‘may well mark the bottom of the prime London housing market’
The capital’s prime housing market has proven ‘remarkably resilient’, reports LonRes, and demand is expected to increase as the capital reawakens...