The Market
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.
CGT ‘cash grab’ could harm wider economy, warns investment firm
London Central Portfolio says Rishi Sunak should avoid being tempted by a 'short-term tactical ploy', or risk a negative trickle-down effect...
Buying Agent: ‘There is real scope for there to be a whirlwind of activity in the first quarter of next year’
Who could have anticipated that 2020 would prove to be one of the best years for those operating in the prime property market, writes Ed Heaton as he runs through some of the key trends to emerge in both…
Surveyors: ‘There is considerable concern about the prospect of a sharp slowdown in transaction activity’
The pace of property demand growth "does appear to be losing a bit of steam and slowing", reports the Royal Institute of Chartered Surveyors, as house prices continue to rise.
‘Momentum is building’ across prime London as buyers & tenants take advantage of lower prices
Prime London Market Snapshot: The latest data on PCL and POL from Knight Frank.
A one-off wealth tax on £1m+ households is the best way to pay for Covid-19, says think tank
"A one-off wealth tax would work, raise significant revenue, and be fairer and more efficient than the alternatives," suggests an in-depth report from The Wealth Commission.
Don’t tax working from home to save the office – build more homes
Well-designed office-to-resi conversions can revitalise our cityscapes as they undergo dramatic changes accelerated by the pandemic, argues Grant Lipton...
Extending the Stamp Duty holiday could double the rate of house price inflation in 2021, predicts agency
"The prime and super-prime markets will continue to break away from the core housing market" in the coming year, forecasts Jackson-Stops.
Stamp Duty holiday deadline is ‘not a dealbreaker for most buyers’, as vaccine set to boost the property market next year
The Stamp Duty holiday "is not a dealbreaker for most buyers (especially at the top end)", says Savills, after surveying 1,300 prime property buyers and sellers.
How the property market fared during the second lockdown in five graphs
‘In some ways, the second national lockdown had parallels with the first.