Sales
Didn’t See That Coming: 2013 Forecasts in Review
The Lonres Quarterly Review has delivered again, with a smorgasboard of stats, insight and trends from the last three months and beyond.
Scottish prime’s “gentle recovery”
"There are signs of a gentle recovery at the top end of the Scottish market," says Savills, as the volume of £1m+ sales begins to pick up and values nudge upwards. Prime Scottish prices rose by 1.
“Exceptionally strong” luxury property sales volumes in London, Miami and New York
"The story for 2013 is about sales volume, not pricing growth," says a new report from Christie's International Real Estate and Strutt & Parker, as median prices in three of the world's top luxury destinations…
Brace of record penthouse sales for Aston Chase
North London agency Aston Chase has been having a cracking start to the year, tucking away two record-breaking penthouse apartments in St John's Wood within a couple of days of each other.
New Resi Investment Director for Chesterton Humberts
Chesterton Humberts has appointed Paul Belson as its new Residential Investment Director.
Should we be applying punitive taxes to empty homes?
Rather than complaining and propagating the confiscation of empty homes, commentators should be applying their energies to making the planning process efficient, less political and more productive, says…
There IS a property bubble brewing in London – EY
London’s housing market is "beginning to show signs of ‘bubble-like conditions’, while the rest of the UK has returned to normality," according to an EY ITEM Club special report on housing, as income…
Savills hails “milestone” year for property auctions
2013 was a "milestone" year for the auctions market, says Savills, flagging up a significant boost in transaction levels, total sums raised and buyer confidence.
“Strong competition” for investment flats – W.A.Ellis
There's a fully-fledged bunfight for sub-£2m investment properties, according to the latest market report from W.A.
Edinburgh signals return to normality as transaction levels rocket
Fair Edinburgh has seen a return to "normal, healthy transaction levels", according to the Knight Frank team after they recorded a whopping increase in Q4 deals.
Mayfair “outranks” Knightsbridge as London’s top luxury address – Wetherell
The Mayfair corner's come out swinging with some statistical gymnastics to counter Nick Candy's claim that W1's oversupplied and due for a price drop this year (as reported here).
N.B.
Price rises spread beyond the commuter zone
The much-touted "ripple effect" looks to be well and truly underway in the south of England, with Savills recording a 1.5% uplift in average prime regional values in the three months to December.