Main image: Housing markets with the largest gains since the GFC saw price corrections in 2018-2019, significantly reducing price pressures. Along with policy support and favourable financing conditions, this should soften the blow from imminent income falls just enough to avoid a global house price crash.
Covid-19’s impact on global property markets ‘will likely be less than in the global financial crisis’
"A full house price crash [is] a distinct possibility," warns Oxford Economics as it assesses the potential fallout of the Covid-19 pandemic on global markets. But "a much more likely scenario is sideways movement or a modest price correction even in the most overpriced markets."
Assessing the impact of Covid-19 on Asia’s residential property markets
China's property market flatlined as a result of the Coronavirus lockdown, but there are already signs of recovery, says Knight Frank.
By PrimeResi
Property price growth plummets in prime global cities, but ‘this is not a financial crisis as in 2008’
Prime global cities indices from Knight Frank and Savills reveal how Covid-19 has affected international property markets.
By PrimeResi
Activity returns to global property markets, but there’s a ‘disconnect’ between buyers & sellers on pricing
Residential property activity in China "has largely returned to normal" after two or three months out of lockdown, reports Savills.
By PrimeResi
Companies in this article
Oxford EconomicsMost read
£81mn London property portfolio frozen
UWO granted over 85 flats as Crown Prosecution Service probes source of funds.
Lending in the Shadows: What the MFS collapse means for London’s prime property market
Is the high-profile failure of the bridging lender indicative of a wider issue in property finance, or an isolated incident - and what can we learn?
Bidder bags Belgravia duplex for under £1,000 psf
Three-bed apartment between Eaton and Sloane Square sold at auction last week.
Knight Frank toasts £1bn sales milestone at King’s Cross
Agency closes out long-running sales programme at 'transformational' 67-acre regen scheme.
South Ken Station’s mixed-use redevelopment ‘gathers pace’
Property developer Native Land is working alongside TfL and Places for London, to deliver 50 new homes and revamp the PCL transport hub.
By PrimeResi
In Pictures: Inside Gunter & Co’s £9.6mn apartment at 60 Curzon
London studio joins roster of designers at the 32-home Mayfair scheme, where sales recently topped £270mn.
‘State of the art’ Kensington townhouse with high-level heritage seeks £16.75mn
This Victorian home raised the game with one of the world's first hydraulic passenger lifts.
By PrimeResi
Where next for Europe’s branded residential sector?
Scheme numbers set to more than double by 2032 as brands ramp up expansion - but growth is being outpaced globally, new analysis shows.
Opinion: Lucian Cook on what recent global & economic events mean for the housing market
Savills' research chief analyses the ramifications of rising inflation & international tensions on the UK's prime and mainstream property markets.
By Lucian Cook
FT: Meet the TikTok realtors selling £20mn mansions on their socials
The Financial Times profiles eight super-prime dealmakers using social media to build business.
LATEST ARTICLES
Planners back major rejig at Chelsea Barracks amid ‘significant’ market shift
Luxury townhouses switched out for apartments in next phase of super-prime Belgravia scheme, as developer cites changing demand.
Real estate powered Dubai’s rise as a magnet for expats. Can its brand survive this war?
Professors Hassan F. Gholipour & Mohammad Reza Farzanegan explore the rise and potential fall of one of the world's leading luxury property centres.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Lanesborough launches in-house debt & capital advisory business
Nicholas Shaw & Henry Browne have teamed up with Marc Ahearne to create Lanesborough Capital.
By PrimeResi
Huge construction loan for super-prime Beverly Hills development project
Advisors claim 'the largest non–data centre construction loan ever secured for a mixed-use project in the United States.'
By PrimeResi