The Market
New York dominates the world’s UHNW real estate scene, while London ‘stands out as a second-home destination’
New York is the top global city for the world's wealthy, according to new analysis by research house Wealth-X, with "a significant lead" over other hubs.
Space race to continue, predicts Knight Frank, as latest lockdown ‘reinforces buyer trends’
Agency's latest sentiment survey suggests demand will remain strong in regional markets, even when restrictions are eased.
London property market ‘getting a boost’ as overseas students ‘favour the UK’
"The UK’s safe haven status, diverse and liberal culture has attracted overseas students who would have previously studied in the US," suggests property investment firm London Central Portfolio.
Why the Covid stamp duty holiday reveals big problems in the housing market
HM Treasury "misjudged" the property market when it introduced the Stamp Duty holiday last year, writes Michael Ball, Professor of Urban and Property Economics at the University of Reading's Henley Business…
Why Hong Kong citizens will answer London’s siren call
An influx of Hong Kong residents should act to offset the negative impact of Covid on London’s population and dampen the notion that property prices are set to dive, writes Fraser Slater...
Houses outperform flats as Prime London market stays strong
Houses in the £2m to £5m range have been significantly outperforming the rest of the market, reports LonRes...
‘Extremely focused’ buyers see no need for a second viewing
The proportion of UK properties sold after a single viewing rose from 17.8% in 2019 to 28.1% last year, reports Knight Frank.
Falling prices & transaction volumes are ‘a blip and not the start of a permanent trend’ – Garrington
We're in "a three-way market", declares the Garrington team, as it assesses how the property market has started the year.
UK house prices rose by 8.5% in 2020 – the highest rate since 2014
The latest official UK House Price Index tells of significant property price inflation last year, despite Brexit and the pandemic.
The total value of property sales tumbled by 38% last year
£171.7bn-worth of homes were sold across England & Wales in 2020, down from £277.5bn in 2019.
Heatmapped: House prices soar in south west hotspots
Bath, Bournemouth, Bristol, Cornwall, Gloucestershire and Wiltshire have all been flying, with annual inflation running at over 15%, while parts of London have slipped into negative territory...
Myth-busting: A buying agent’s guide to the off market
‘Off-market’ is a concept which is much overused and often misunderstood, writes Philip Harvey - but now, more than ever before, it’s the key to securing the right houses for clients...