The Market

Coutts bank has highlighted some prime London locations that have seen notable shifts in property buying activity compared to pre-pandemic times.

Property markets are surging around the world. But "there are good reasons to think this will mark the last house price boom for the next 30 years," says Capital Economics.

Asking prices have fallen for the first time this year, driven by declines at the top-end, but Rightmove is predicting an Autumn bounce for the property market.

Hollywood stars and their production teams are an increasingly important source of deals, says Knight Frank.

Rental homes are "increasingly being used as a stop-gap by house-hunters faced with a lack of stock to buy," says Hamptons' research chief, Aneisha Beveridge.

Kensington & Chelsea was home to six of the top ten London wards with the highest levels of inflation last year - one of which posted a seven-figure increase in the average price.

"Happy holiday for luxury London property", declares Coutts bank, as the prolonged Stamp Duty tax break drives record sales in the capital.

Prospective Hillbillies are offering up to £1m above pre-pandemic levels, and houses are not even making it to the open market, reports Winkworth.

Savills analyses prices around the capital’s most cherished green spaces.

‘The current housing market heatwave may still have a while to run yet’, says portal.

Property PLCs including Rightmove, Savills, Foxtons, LSL, Connells, Purplebricks, OnTheMarket and Berkeley Group have seen huge increases in revenue compared to corresponding periods in both 2020 and…

"The overall tone to the market remains firm", says the RICS, with property prices continuing to rise despite a drop in new buyer enquiries.