Company Tag: Knight Frank
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."
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.
Buyers & sellers will have to carefully navigate the economic data this summer
We will only be able to start understanding what has taken place towards the end of the year, writes Tom Bill...
Record levels of offers accepted as ‘traction’ returns to the market
The number of deals struck outside London hit an all-time high earlier this month, reports Knight Frank, while the gap between asking and achieved prices is narrowing...
Pandemic pushes expats to buy homes ‘back home’
A rising number of expats are looking to move "back home" as the impact of the Coronavirus pandemic unfolds, according to a survey of prime-oriented Knight Frank brokers around the world.
Rental valuations jump to a record high as the lettings market bounces back
Viewings of properties for sale are still well below the five-year average, reports Knight Frank, but both landlords and tenants are now more active than before the pandemic.
Sean Connery’s former Riviera mansion offered for €30m
A magnificent Belle Epoque villa has come up for sale in the South of France, sporting a €30 million (c.£26.65m) asking price and some serious A-List credentials.
Global housing markets ‘are displaying a surprising degree of resilience’
Residential activity is recovering quickly in many international markets as Coronavirus lockdowns are eased.
Tenant demand is catching up with rental supply in prime London
"It still feels like it’s more of a tenants market" in prime London, says Knight Frank's Head of Lettings, "but we are going into the busiest period of the year and I would expect supply to come down."
PCL prices prove resilient as demand recovers faster than supply
“It feels remarkably similar to the period that followed the EU referendum,” says Knight Frank's Head of London Residential Research, Tom Bill. "It will take a while for the market to find its feet."
Buyer sought for Berkeley Square’s only penthouse
Seventh and eighth floor space at No.48, the sole apartment building on the famous Mayfair garden square, gets a £9.5m price tag
Demand for second homes jumps as price uncertainty reigns
A quarter of people say they are more likely to buy a second home now than before the Covid-19 lockdown, says Knight Frank.