Sales
Off-plan sales numbers slip
The share of new homes being sold off-plan has fallen from a peak of 39% in 2016 (c.69,000 units) to 33% in 2020 (c.49,000 units), according to a new index from Hamptons.
Off-market activity ‘has been continuing at a cracking pace’ in Scotland
"While a superficial look at the current market might suggest an ongoing lack of supply, activity under the radar has been continuing at a cracking pace," writes Jennifer Campbell of Scottish property…
Sales volumes could soar by 50% this year, predicts Mayfair agency
Wetherell expects competition to heat up as the international market returns.
Space race to continue, predicts Knight Frank, as latest lockdown ‘reinforces buyer trends’
Agency's latest sentiment survey suggests demand will remain strong in regional markets, even when restrictions are eased.
Why Hong Kong citizens will answer London’s siren call
An influx of Hong Kong residents should act to offset the negative impact of Covid on London’s population and dampen the notion that property prices are set to dive, writes Fraser Slater...
Houses outperform flats as Prime London market stays strong
Houses in the £2m to £5m range have been significantly outperforming the rest of the market, reports LonRes...
‘Extremely focused’ buyers see no need for a second viewing
The proportion of UK properties sold after a single viewing rose from 17.8% in 2019 to 28.1% last year, reports Knight Frank.
Falling prices & transaction volumes are ‘a blip and not the start of a permanent trend’ – Garrington
We're in "a three-way market", declares the Garrington team, as it assesses how the property market has started the year.
UK house prices rose by 8.5% in 2020 – the highest rate since 2014
The latest official UK House Price Index tells of significant property price inflation last year, despite Brexit and the pandemic.
The total value of property sales tumbled by 38% last year
£171.7bn-worth of homes were sold across England & Wales in 2020, down from £277.5bn in 2019.
Heatmapped: House prices soar in south west hotspots
Bath, Bournemouth, Bristol, Cornwall, Gloucestershire and Wiltshire have all been flying, with annual inflation running at over 15%, while parts of London have slipped into negative territory...
Myth-busting: A buying agent’s guide to the off market
‘Off-market’ is a concept which is much overused and often misunderstood, writes Philip Harvey - but now, more than ever before, it’s the key to securing the right houses for clients...