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
Super-prime agent & social media star launches ‘game-changing’ property brokerage
One of London's best-known top-end agents has set up a 'forward-thinking' luxury property brokerage that 'understands the power of storytelling & digital influence in a new era of property.'
By PrimeResi
Knight Frank creates new UK board
Property agency assembles top-level team to drive long-term growth & strengthen operations.
London Square adds big Wimbledon site to expanding portfolio
Latest SW London deal marks the developer’s fifteenth acquisition since late 2023, and third major move this year.
John D Wood & Co. recruits Knight Frank’s Kilgarriff to lead Central London Lettings
A senior KF operator has moved to a key role in Polly Ogden Duffy's team at JDW.
By PrimeResi
Agency bags trio of trophy listings in St George’s Hill
Savills Weybridge's new instructions include one of only a handful of original W.G. Tarrant houses on the exclusive private estate.
In Pictures: Newly built ‘masterpiece’ mansion in Montenegro seeks €8mn
Becky Fatemi of Sotheby's International Realty pitches a 'Venetian-inspired masterpiece', developed by a British father & son in 'Europe’s best-kept secret'.
By PrimeResi
‘The centre of gravity has shifted’: Ranking Europe’s top-performing luxury property markets through the last decade
Key trends revealed in long-term analysis of Knight Frank's Prime International Residential Index.
Designed to Sell: Five home staging principles for attracting today’s luxury buyers
Top designer Ed O’Donnell reveals how art, furniture & colour can shape how a property is perceived, drawing on recent projects at The OWO, Centre Point, Lancer Square & River Park Tower.
By Ed O’Donnell
In Pictures: ‘One of Ireland’s finest contemporary country houses’ seeks €8mn
Agents instructed on 111-acre estate with spectacular centrepiece & 'unrivalled waterside appeal'.
Dexters reports another 23% revenue jump
Income from the estate agency's lettings business rocketed by nearly a third last year.
By PrimeResi
LATEST ARTICLES
Super-prime developer lines up £225mn scheme in Notting Hill
Valouran continues to build pipeline of landmark projects, unveiling plans for a 'major play' on Westbourne Grove.
Dexters names new CEO
Estate agency's CFO & Deputy CEO Ash Kashyap steps up to the top job as Andy Shepherd retires.
By PrimeResi
Foxtons’ sales revenue jumps 73% to hit a ten-year high
The high-profile agency had a 'very strong start to the year' as buyers scrambled to beat the stamp duty deadline.
West End office building set for boutique luxury resi conversion
Dukelease & BST England have teamed up to transform a handsome period block on Hallam Street into six high-end apartments.
Related Argent names new chairman
Former Cushman & Wakefield chief John Forrester to succeed longtime chairman David Partridge.