‘Cold snap freezes housing market’, declare surveyors
RICS’ latest monthly survey delivers its weakest near-term sales expectation reading since it started, in 1999
London property prices continue to fall – UK HPI
The UK’s average house price increased by 2.8% in the year to November 2018; London’s average dropped by 0.7%, according to official figures.
Irish country piles stick as Brexit ‘distorts’ the market
Of the five priciest properties on the Irish market, four are country houses and three have been looking for a buyer for over a year
New-build discounts & dollar buyers: PCL market trends to watch in 2019
2019 will be ‘a year like no other’, says Mayfair agency Black Brick, as it picks four key themes to look out for in the 12 months ahead…
CBRE predicts 1.8% house price inflation this year & a 40% chance of a ‘no deal’ Brexit
UK property prices ‘are approaching the limit that current incomes and credit conditions can support’, says CBRE, and ‘there is little to suggest a rebound in sales volumes’.
Ten reasons why the PCL market could surge in 2019
While some are forecasting significant price falls in the year ahead, equity fund manager-turned-buying agent Fraser Slater believes Q1 will mark the low point of the cycle, and precede a spirited post-Brexit relief rally with prices rising by 10%…
Could now be the time to buy in Prime Central London?
With applicant numbers and offers both on the rise, the appetite amongst potential buyers appears to be returning, says LonRes’ research chief Marcus Dixon…
Londoners bought £30bn-worth of property outside the capital in 2018
More Londoners are leaving the capital than in any year since 2007, according to research by Hamptons International
‘Needs-driven purchases will be the order of the day’ in Prime Central London this year
Marylebone is ‘increasingly becoming the hub of PCL’ says Beauchamp Estates chief Gary Hersham, as he looks back at an ‘extremely volatile’ 2018, and forward to a year of ‘needs-driven’ deals and a return of North American buyers to London…
Edinburgh’s prime property prices are rising at the fastest pace in a decade
The average price of a prime Edinburgh home increased by over 10% in 2018, reports Knight Frank
Super-prime property deals surged by 50% in the year following the EU Referendum
The number of £10m+ transactions jumped from 200 in 2016 to 300 in 2017, according to new data, with second homes accounting for a third of super-prime sales
The average London property listing is taking over four months to sell
Average time spent on the market has risen to 128 days, says UBS, up from 77 in 2016