Sales
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).
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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.
Canaletto sales “significantly ahead of schedule”
Orion Capital has pushed up the next phase release date for its UNStudio-designed Canaletto development next to the City Road Basin, after being happily surprised by early sales numbers.
December spurt takes prices up by 8.4% in 2013
House prices across the UK rose by 8.4% last year after a +1.4% December spurt, according to the latest from Knight Frank.
London under-performed the wider country, posting a 7.5% price increase (+0.
“Strongest ever start to a new year” – Rightmove
Average asking prices have shot up by 1% in the "the largest ever January rise in the price of property coming to market," according to Rightmove.
Sales transactions hit six-year high – RICS
There was no sign of the big festive feet-up in the sales market last month; quite the opposite in fact, according to RICS' latest UK-wide poll.
Long-term annual price growth in Prime Central London stands at 9%
The average property price in prime central London breached £1.5m in 2013, hitting £1,543,102 at the end of November after "robust" but "unremarkable" annual growth of 12.
Developing Market: 10% of Chelsea buyers are developers
International buyers accounted for 56.5% of Chelsea specialist Russell Simpson's sales last year, while nearly three quarters of new tenants were from overseas.