Sales
Covid-19: Assessing the impact on the UK’s resi development sector
New analysis shows how the coronavirus outbreak will impact activity and supply over the coming months - and have potentially serious longer-term implications for those building the UK's new homes
UK house prices likely to drop 13% this year as incomes tumble, predict economists
A looming "shortfall in incomes has a tremendous potential to disrupt the UK’s housing markets", warns the Centre for Economics & Business Research.
RICS calls for Stamp Duty holiday as surveyors anticipate property market freefall
"These are exceptional circumstances," warn surveyors, "and the Government will need to consider all avenues that could feasibly rebuild confidence, bridging the gap between uncertainty and recovery.
Agency comparison site rolls out real-time data platform to track impact of the crisis
GetAgent launches 'live, interactive' dashboard to track key metrics on a daily basis;
What do new listing volumes around the world tell us?
International and US markets saw new listing volumes tumble by 50-75% as lockdowns were put in place, notes top real estate analyst Mike DelPrete, giving some clues as to where transaction numbers are…
London’s super-prime market ‘changes direction’ as sales slow from a surge to a trickle
A flurry of £10m+ transactions in Q1 has been brought to an abrupt halt by Covid-19, reports Knight Frank, although "buyer interest remains strong pending the market reopening".
Property sales have slumped by 70% since the lockdown
Transaction numbers have plummeted since the start of the Coronavirus lockdown, but homes continue to be listed for sale, says Zoopla.
From A Distance: The reality of remote buying
The concept of buying a property without setting foot inside is not a new one, says Jo Eccles, but doing so successfully requires intricate, specialist knowledge - and a great deal of trust between client…
Prime London’s property market was surging before the lockdown
Prime Central London saw its fastest quarterly rate of property price inflation in five years in Q1, before the Coronavirus hit.
Six post-coronavirus trends for London’s prime property market
The market will bounce back by September but high street offices will be unviable in the new era of social distancing, speculates Utsav Goenka, founder of new prime property portal Vyomm...
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
£1bn in commission ‘at stake’ as estate agencies fight to keep deals together
'It is difficult at this stage to understand when this blocked commission will end up being paid', warns TwentyCi