The Market
House prices to rise by 8% next year as new instructions “close to stagnating” – RICS
An "acute imbalance between burgeoning buyer demand and sluggish supply" will drive house prices up by 8% in 2014, according to the RICS, as new instructions to estate agents are "close to stagnating".
No Country for Old Glen: International businessmen dominate Scottish estate market
Scottish estates worth a combined total of £54m changed hands in 2013, according to the latest stats from Savills.
Parity Pledge: UK housebuilders promise end to ‘foreign first’ sales tactics
A bevy of big league resi developers have signed up to a new "voluntary commitment" that could affect the way new schemes are marketed from next year.
Capital’s capital growth doubles to 12.6% in 2013 – Cluttons
After capital value growth of +3% in 2013's final quarter, taking the annual rise to +12.6%, the average property in prime central London is now worth £1.
Aggressive expansion sees Countrywide buy two lettings businesses every month in 2013
This is buy-to-let on an industrial scale. Britain's biggest property services group, Countrywide plc, has acquired 28 lettings business throughout 2013, spending £23.
The Great Divide: House price schism “unbalancing the economy”
Despite pretty universal forecasting that the regions are now playing catch-up with London's runaway property values, "The Great House Price Divide" is bigger than ever and threatens the stability of the…
Living the Dream: “Lifestyle purchasers” return to rural market
2013 has been an "interesting" year in the market for farms and land, according to Chesterton Humberts (or "up and down" in other words).
2014’s ten biggest sales will be… mostly in London and New York
"No-one is surprised" that the six of the ten most expensive homes on the market right now are in London and New York (three a-piece), with nine out of ten sitting in either the UK or the US, according…
Prophet & Loss: The difficult business of property market forecasting
Why did so many commentators and analysts get it wrong this year? Perhaps we still don't fully understand the strength of the forces behind the price growth we've been witnessing, says Camilla Dell...
Money Where Your House Is: British property millionaires up by a third in 2013
The number of £1m+ homes in the UK increased by 31% to 92,985 this year; that's 255 new property millionaires a day, according to Zoopla. 1.
Mansion Block: Mayfair mansion house sales stall as apartment interest rises
Mayfair resi sales are 25% up on last year, but are still 75% below their 2007 boom-time peak, according to the area's top estate agent Wetherell's (with a 25% market share according to Lonres) review…
What does £10m get you in the best bits of London these days?
According to Beauchamp Estates and Dataloft, the average price paid per square foot for London properties over the £10m mark has increased by a chunky 27% since 2011, rising from £2,400 per square foot…