Sales
Prime outer London market outpacing PCL – Knight Frank
Less than a week after releasing its predictions for the next five years (+24% UK-wide if you missed it), Knight Frank has been updating us on last month's activity in the UK, prime and rental markets.
Fall in new seller asking prices and stock levels – Rightmove
Rightmove's November stats are out, with oodles of references to "asking" prices this time round.
Househunter numbers up 25%
Another report has confirmed the escalation of demand for homes while stock levels continue to wallow.
Forecast Watch 2014: UK, +7%; Prime Outer London, +7%; PCL, +4% – Knight Frank
Knight Frank's take on what will happen to property prices next year falls pretty much in the middle of what everyone else is saying, with property "substantially" out-gunning inflation: +7% for average…
Price Cuts Cut: Volume and level of asking price reductions drop
The number of properties with reduced asking prices has fallen "significantly" over the last couple of years, says Zoopla, from 40% in November 2011 to 31% this month.
Out With the New (World): Global ultra-prime property market slowing
The top-top end of the world's resi property market is calming down, growing more slowly in "new world" destinations as the "old world" takes the mantle for market growth on the back of perceived safe…
Forecast Watch 2014: PCL +3.5%; UK +4.4% – Strutt & Parker
Next year's looking alright for the prime property market, thinks Strutt & Parker, but then it all goes a bit sorry. This year's +6% price performance in PCL will be followed by a 3.
Resi sales sector “taking no notice of the approaching holiday season” – Cluttons
Over a third of tenants actively looking to buy a home are doing so because they are anxious to pre-empt further price rises, says Cluttons in its latest tome.
PCL price growth slows (+0.6% in October)
It looks like the predictions are already coming true...
Viewings up 20% but beware of the “zombie market” – D&G
What do you get when you cross a 20% rise in viewings with a 22% decline in available stock? Small but steady price rises, says Douglas & Gordon's Ed Mead in the firm's latest market update...
Not For Sale: The art of the direct approach
With some agents reporting eighteen buyers per instruction*, competition for "best in class" has never been tougher.
2014 to be the “Year of the Super Suburbs” – Savills
Prime central London property prices are heading for a (slight) fall, says Savills in its big five-year forecast report, as "super suburbs" play catch-up to a "fully-valued" PCL and the mainstream market…