The Market
Knight Frank upgrades global house price forecasts as ‘some prime buyers appear confident that the worst is now behind us’
'Cautious optimism is emerging as prime buyers consider economic headwinds to be easing,' says Knight Frank, as the property firm raises its outlook for international resi price growth in 2024.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Pace of global property price growth to ease, suggests Reuters poll
'Strong demand and tight supply' will 'overshadow higher interest rates' to push international home values up in the coming year, says Reuters after polling over 100 property market experts.
Property sellers are ‘slashing’ asking prices within weeks of first listing to entice buyers
'It’s a challenging landscape for sellers at present,' says Yopa, explaining: 'Higher mortgage rates have caused buyer numbers to dwindle and this has very much transferred the balance of power from s…
Jo Eccles: Reflections on a challenging year
Eccord's MD summarises the key themes at play in PCL over last 12 months, and some trends to keep an eye on in the lead-up to the holidays.
Prime London Property Market Snapshot: Week 48, 2023
Deal numbers are down again in prime London, but sales supply has picked up.
A London borough has been crowned Rightmove’s ‘happiest place to live’ for the first time
'Having access to nature and green spaces is more important to residents than having access to public transport, shops and restaurants, and employment opportunities,' says Rightmove after surveying 26,000…
Tom Bill: A late autumn boost for the prime London sales market
The signs increasingly point to a bounce next spring, says Knight Frank's resi research boss - provided a general election is not called in the first half of 2024...
Housebuilding numbers set to fall ‘significantly’ next year – Savills
Mapped: where house-building is falling short of new housing need
Super-prime rental market booms as HNWIs hanker after NW London trophy homes
Conditions are 'highly-competitive' at the top-end, reports Beauchamp Estates, with multiple serious tenants often vying for the same property...and the victor happy to pay one or two years’ rent up-front.
House prices set for ‘modest’ decline in 2024, predicts Rightmove
'It’s likely to be another muted, and in parts challenging, year for some buyers and sellers in 2024,' warns Rightmove, as the property portal identifies five trends to watch in the coming year.
‘Asking prices are still too high’, says Propertymark
Housing market activity is slowing down as seasonal trends re-emerge, says the estate agency trade body.