The Market
Agents ramp up home-working lingo in property listings
Estate agents are using "work from home phrases" in property listings 300% more often than they did before the pandemic, reports Rightmove.
House price inflation climbs to 5.4% – UK HPI
The official house price index indicates that property prices are rising at the fastest rate since 2016. In London, however, the average property value dropped by 1.2% in October.
No extension to the Stamp Duty holiday, says Government
"The Government does not plan to extend this relief" beyond 31st March, says an official statement in response to a popular online petition.
Best of the West: The country house sales that stood out in 2020
Some dream country houses changed hands across Devon, Dorset, Cornwall, Somerset and Wiltshire in 2020, notes buying agent Robin Gould - including a Medieval ‘sleeping beauty’ and a once-in-a-generation…
On this year’s key buying trends and the outlook for 2021
Buying agent Sara Ransom reports on what London buyers have really been after this year, and predicts which areas will be in demand on the other side of the Christmas holidays...
Jersey’s property market picks up pace
"People are offering the asking price after walking through the door," says island estate agency Wilsons Knight Frank.
Heatmapped: London & national house price growth
Higher rates of inflation in the south of England and on the outskirts of London are still the overriding themes.
‘Plenty of fuel left in the tank for the housing market’: Rightmove predicts 4% growth for asking prices in 2021
Property portal's forecast of 4% house price inflation in 2021 is "more conservative than the unsustainable 6.
‘There is mounting evidence that rental growth is picking up steam’ – Hamptons
Landlords accounted for one in every six agreed sales last month, as investors rush to take advantage of the Stamp Duty holiday in a small-scale re-run of 2016.
Why house prices are unlikely to crash next year
There is an assumption that when the furlough scheme ends, unemployment will spike and house prices will crash. However, 2021 is likely to be far less straightforward, writes Tom Bill...
Record highs for housing demand & rental supply
Propertymark reports that 2020 saw more home-buyers register and more sales agreed per estate agency branch than any other year of the last decade.
More global markets see house prices begin to fall
The percentage of international property markets registering an annual fall in mainstream residential prices jumped from 2% in Q1 2020 to 16% in Q3 2020.