Sales
Savills reports ‘an extraordinary rebound’ in prime resi activity
"The volume of activity in prime residential markets [outside London] for [2020] as a whole was the strongest since before the global financial crisis," says Savills.
‘Sales market momentum will fade further in coming months,’ warns the RICS
Housing market activity continues to rise but momentum is easing, according to the latest survey of Chartered Surveyors.
Prime London market begins 2021 with bumper stock levels
Huge inventory builds up across the prime postcodes after Covid blows seasonal activity patterns off course.
Rokstone boss: To shut the housing market jeopardises jobs, personal finances and the economy all in one go
The government may be "absolutely determined" to keep the housing market open, but pressure is mounting from various quarters - including the science one - to pull the shutters down again as Covid continues…
Is the Prime Central London recession anomalous?
It's been a particularly tough six years for the capital's prime property market, with tax changes, the threat of a hard-left Government, Brexit and Covid all impacting on sentiment;
Stamp Duty holiday ‘has been an added bonus rather than the driving factor’ for most home-buyers
Half (48%) of current home-buyers are worried they’ll miss the 31st March Stamp Duty holiday deadline, according to a survey by HNW mortgage broker Enness.
Chestertons reports record December figures
Major London agency was still finalising deals on Christmas Eve, New Years Eve and New Years Day as the market remained 'incredibly strong' all through the festive season...
Knight Frank cuts property price forecasts
The UK's average house price is set for 0% growth in 2021, predicts Knight Frank, as it trims its prime London forecasts by 1%.
Super-prime resi market set for bumper year – Beauchamp
Luxury agency foretells a 15% rise in transaction volumes and an uplift in prices, having recently tucked away a series of mega-deals in PCL and the Home Counties.
Sunak ‘rejects’ industry pleas for stamp duty holiday
Agents and conveyancers have warned that up to a quarter of a million house sales could collapse amid ‘cliff-edge chaos’
Property market sees ‘busiest ever start to the year’ – Rightmove
Property portal Rightmove has recorded its busiest ever start to a new year, with visits to the site up 30% compared to the same period in 2020.
11 factors for developers to consider in 2021
From scheduled show home visits (good) to supply chain delays (bad), Andrea Fawell runs through some of the themes we may see affecting the new-build sector in the year ahead...