The Market
Trevor Abrahmsohn surprises himself by agreeing with Grant Shapps
Selling off social housing in prime areas may not be such a daft idea, but banks witholding lending for private development certainly is, says Trevor Abrahmsohn.
June’s a washout for prime London transactions: here’s the skinny on LonRes’s Summer Market Report
The latest London property market review from LonRes makes for some pretty depressing reading.
Summer lull? What Summer lull?
July and August are usually heralded as a hiatus in the property market, with holidays and sun-soaked barbeques/drizzle-drenched roasts (delete as applicable) cutting the number of vendors, house-hunters…
Landlords capitalise on summer lulls
Almost a third of respondents in the latest Association of Residential Letting Agents (ARLA) survey claimed they had increased the size of their portfolios since July 2011.
Trevor Abrahmsohn on the greatest no-show on Earth
Roll up, roll up for the great Olympic non-event, says Trevor Abrahmsohn.
Developers cater for Asian influx
With Asian buyers reportedly accounting for 60 pc of new build properties purchased in Central London in 2011, developers are increasingly tailoring projects to appeal to their top demographic.
House Price Index shows overall increase, driven by 7.2 pc rise in London
UK house prices increased by 2.3 per cent in the 12 months to May 2012, continuing the pattern seen since early 2010. This rise was driven by a 7.
Reaction to ONI House Price Index: “Sales volumes remain at less than half the level of a functioning market”
PPR Estates director, Nick Hopkinson, has lambasted today’s ONS House Price Index figures, slating the report as "simply an analysts' field day."
In a statement today, he said;
Twice as many new vendors as successful buyers
Vendors cut asking prices by 1.7% in the last month as new sellers outnumbered successful buyers by two to one, according to Rightmove's July Property Index.
Early summer slowdown dampens prime London property growth
The prime London property market is grinding to a halt as the Olympics approach, according to Cluttons' latest "London View" report.
Family homes and commuter belts performing well: Hamptons
Family homes in London's commuter belt and the PCL market were the biggest performers in Q1, according to Hamptons International's newly launched Property Price Tracker Index.
June was predictably quiet for sales – D&G
Douglas & Gordon's "London Barometer" for June yields few surprises for the sales market, with demand, supply and prices pretty much in line with expectations.