Sales
Agency reports encouraging early signs as the market re-opens
'It has become clear that the market will spring back to life more forcefully than most people would have imagined only a few of weeks ago,' says Knight Frank's sales boss James Clarke
Buyer demand bounced back immediately as the property market reopened
Rightmove points to some big potential changes in the post-pandemic property market, as many people "re-appraise their housing needs".
Why a ‘U-shaped’ recovery is more likely than a post-lockdown boom
Charlie Ellingworth and the Property Vision team take a measured look at what the Covid-19 recovery could look like for the UK's economy and real estate sector.
Super-prime deals unlocked as London agents report ‘crazy busy’ first day back
Beauchamp Estates, Dexters & Winkworth describe 'manic' scenes as the housing market restarts, but Chestertons warns 'this is not a return to normality'
Surveyors reiterate call for Stamp Duty holiday following lockdown market ‘collapse’
RICS' measure of new residential property instructions fell to its lowest level on record in April (since at least April 1999).
Liam Bailey: Where next for UK residential transactions and prices?
Knight Frank's global research chief explains the thinking behind the firm's latest set of forecasts, released today, which have been downgraded in light of the longer lockdown period...
How will the industry adapt to the ‘new normal’?
If one thing is clear, it's that safety and technology will shape the health of the market as we move into a new phase, says buying agent Caroline Takla
Seven phases to recovery: A tentative timeline for the UK resi market
The residential market is unlikely to return to full strength until 2022, says CBRE, with the post-lockdown recovery dependant on consumer confidence and the wider economic outlook;
Four reasons to be optimistic about the prime London housing market
There will obviously be significant challenges for the industry and the wider economy in the months ahead, says LonRes, but a few fundamentals should put the prime market in good stead to recover once…
London property buyers’ total potential spend has hit £52bn – Knight Frank
Activity may have plunged as a result of the ongoing Covid-19 lockdown, but lettings activity is on the rise and pent-up buyer demand is building, reports the agency.
The Telegraph: Why coronavirus could end London’s status as a safe haven for foreign property buyers
Writing for the Daily Telegraph, Melisa Lawford casts doubt on whether the UK capital will be able to regain its world-wide appeal when travel restrictions lift.
Then Vs Now: How prime London markets have fared under lockdown
Prices, sales and new instructions were all up significantly across the prime postcodes in Q1, reports LonRes, but needless to say things have taken a turn for the worse...