The Market
Market sentiment has moved from one of cautious optimism to outright positivity – Strutt & Parker
'To think that this activity continues in the midst of a global pandemic is completely astounding', says the national agency, retaining its previous prediction of 5% best-case scenario growth in 2021
Property prices continue to climb as supply fails to meet demand
The number of new sales and lettings instructions fell back sharply in April, according to the RICS, while demand continued to rise.
Ranked: Britain’s ten most sought-after locations for property buyers
Rightmove has revealed where most home-hunters are signing up for instant property alerts.
Tenants return to city centres as London affordability hits a ten-year high
Demand for city centre rental properties is rising, reports Zoopla, with London rents having bottomed out in February.
£5m+ sales hit a seven-year high in PCL
142 property sales above £5 million were recorded in Prime Central London in the first four months of this year, reports Savills, with a combined value of £1.42 billion.
Twelve Months On: What has the industry learnt?
Exactly one year ago today the UK’s property market re-opened for business, emerging after nearly seven weeks in lockdown; the learnings of the last year will shape how we conduct business in the future, wr…
London’s new-build market had a tough Q1
Fewer new homes sold in London during the first three months of 2021 than in any quarter since 2012, while construction starts hit a ten-year low.
On the shortage of supply across UK property markets
Tom Bill digs deeper into the imbalance between supply and demand that’s been putting upwards pressure on prices...
Queen’s Speech flags planning reform & the Building Safety Bill
In her annual speech to mark the opening of Parliament, the Queen outlined 30 bills that will set the agenda for Boris Johnson's Government in the coming year.
Off-market deals hit a 14-year high
Over 37,000 properties changed hands off-market in the first three months of 2021, according to new data.
Edinburgh is ‘very much a sellers’ market’ as house price inflation rises to 6.8%
Average property prices in the Scottish capital increased by 2.2% in the first three months of this year, driven by high demand and tight supply.
Prime London sales dipped in April, but are set to bounce back sharply
“The dip in sales in April is temporary,” says Knight Frank, as the number of offers accepted in Prime London spikes.