The Market
Savills heralds ‘significant opportunity’ for property investors ‘to buy at the bottom of the market’ in 2024
'There will be significant opportunity – especially in the commercial and residential spaces – for investors to buy at the bottom of the market,' says Savills, as the property firm shares its forecasts…
‘Cooler market conditions could be on the turn’ in prime London as buyer demand rises
Estate agency flags an increase in top-end buyer demand across the capital through Q4.
Prime London Property Market Snapshot: Week 52, 2023
The last weekly sales and lettings update of 2023 from LonRes confirms that top-end London property agents had a much quieter year than in either of the previous two years.
Government sets out plan to ‘lift the veil of secrecy’ around property trusts
Proposals are the latest attempt to thwart corruption in the property sector.
After a banner year in 2023, London’s ultra-prime property market tipped for more growth in 2024
Values & volumes in the £15mn-plus sector set to rise further over the next 12 months as more global billionaires put down roots in the capital.
UK prime resi markets are ‘close to bottoming out’, suggests Savills
A price recovery in Prime Central London 'looks well overdue', says Frances McDonald
Economists predict 5% rise for UK house prices this year
Pantheon Macroeconomics is more bullish than most.
Global city price growth recovers as interest rate cuts loom
'Homeowners are breathing a sigh of relief as interest rates appear poised to decrease in 2024,' says Knight Frank's research chief.
‘London leavers’ spent 29% less on homes outside the capital in 2023
Londoners' spending on homes outside the capital has returned to pre-Covid levels, reports Hamptons.
Spring Budget date set for 6th March 2024
Jeremy Hunt will outline the government's latest round of tax policies in early March, ahead of a probable General Election later in the year.
Tom Bill: Risks change in Prime London’s sales market as the year ends
'The primary risk for London’s prime property market is now political rather than economic,' says Knight Frank's research chief, as he looks back at how 2023 unfolded, and assesses what lies ahead for…
Tom Bill on ‘a year of re-balancing’ in the Prime London lettings market
'2023 was the year the convulsions caused by the pandemic in the prime London lettings market began to dissipate,' says Knight Frank's residential research chief, as he looks back at the past 12 months…