Sales
Capital Revalue: Don’t write London off just yet…
Going by recent reports, you’d think most of London had upped sticks in search of rural idylls;
Urban villages set to outperform as post-pandemic buyers seek ‘best of both worlds’
Savills does not foresee a wholesale exodus to the countryside...
Hong Kong buyers ‘dominating’ London’s luxury apartment market – Almacantar
Developer behind Centre Point & The Bryanston reports an influx of demand from the region, driven by the UK’s recent visa announcement and the upcoming SDLT surcharge.
Ranked: London’s priciest postcodes pre-lockdown
N2 had a median sold price of £14.1m in the first quarter, according to analysis of Land Registry data, putting it ahead of W1K (£9.2m) & N6 (£9m).
Prime London prices dipped by 1.1% in Q2, but house values have held up as buyers ‘reassess their needs’
"We have been surprised at the extent to which lockdown has made people reassess their housing needs and, more pertinently, act upon it," says Savills.
The property market’s post-lockdown surge ‘has continued into its sixth week’ – but how long will it last?
Knight Frank has just recorded its biggest ever week for offers accepted.
Reuters poll: UK prices to fall by 5% in 2020, before gradual recovery
Panel of pundits predict rises of 1.5% in 2021 and 3.5% in 2022
Demand surge to prop up house prices for the next few months, but the post-lockdown bounce is already slowing
"The surge in demand for property is expected to delay house price falls, pushing them towards the end of 2020," says Zoopla, as it forecasts that annual price inflation will be sustained at 2-3% for the…
Ranked: Britain’s most popular, most expensive & cheapest seaside locations
Sandbanks, Canford Cliffs and Salcombe are the priciest coastal enclaves, reports Rightmove, while Whitby and Whitley Bay are the most popular amongst househunters.
35% fewer new homes are likely to be delivered this year than in 2019
Current new home activity "paints a fairly positive picture for development," says Knight Frank, "despite current challenges."
Savills forecasts a 7.5% drop for house prices this year, with transactions down by a third
Savills is standing by its pre-pandemic five-year forecasts, despite anticipating a major slump in 2020.
Rising sales supply leads to ‘more sustainable market conditions’ – but ‘the recovery is still fragile’
New sales instructions have increased by 16%, says Knight Frank, as supply catches up with post-lockdown demand.