Sales
‘Buyers are at last enjoying some choice’ – D&G
"It looks like it could be a busy Autumn" says Douglas & Gordon in its latest market barometer, as London's supply/demand imbalance starts to, well, balance a bit.
Scottish prime hesitates as referendum looms
After three quarters of growth in a row, there was no change in prime Scottish house prices in Q2, says Knight Frank, leaving annual growth at +2.8% as the market eyes up the looming independence referendum.
Average UK prices breach 2007’s peak
After a 1% rise in June to take the annual increase to +11.8%, average UK property prices have now breached their 2007 peak, says Knight Frank.
Spike in number of consumers predicting >10% house price growth
EXCLUSIVE: People are getting more bullish about big house price rises over the next 12 months, according to a new survey by Rightmove.
‘Market forces are alive and well’ as PCL self corrects – Knight Frank
After 44 months of on-the-trot growth, prime central London is beginning to moderate itself says Knight Frank, as prices continue to rise but exchanges, viewings and new applicant numbers fall compared…
Are we finally seeing the return of the big spenders?
Super-prime buyers are coming out of the woodwork at last, says Trevor Abrahmsohn...
Resi developers shell out as Met Police offloads ‘under-used’ buildings
By selling off 32 sites across Greater London last year - including a number of police stations - the Met Police has been praised for generating a handy £125m to reinvest back into frontline policing.
Transaction levels getting back to normal as London prices hit double the UK average
The average London house price is now double the UK average for the first time, says Cushman & Wakefield. Salaries in the capital, meanwhile, are 30% more than the UK average.
Strong growth but ‘momentum may be slowing’ for prime country houses
The prime country house market has posted its strongest rate of annual growth for four years, says Knight Frank, although the £5m+ segment dropped by 2.3% between April and June.
£500k garage hits the market in Kensington
A single garage in W8 has just been put up for sale with a guide price of £500,000.
Edinburgh posts fourth consecutive quarter of price growth
Property values in Edinburgh are now 5.7% higher than they were a year ago, after posting four quarterly rises on the trot.
Super suburbs outperform prime London
The gap between prime regional and prime London house prices may have just peaked, according to Savills.