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."
China's property market flatlined as a result of the Coronavirus lockdown, but there are already signs of recovery, says Knight Frank.
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.
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
Companies in this articleOxford Economics
Aldar Properties says its first acquisition outside of the MENA region provides 'a meaningful foothold in the diverse and dynamic London property market,' with financial heft that will give London Square…
Joint-global head of the agency's Private Office saw off competition from seven other high-profile names at the 2023 Spear's Awards.
The five artists' studios in SW6 have 'scope for a range of potential future uses,' says Savills.
Rachel Mason will be in charge of identifying new investment opps in London and across the UK for the Australian developer, as it targets a billion-pound pipeline.
From strategic hires to the rise of self-employed agents: Andrew Deverell-Smith on the real estate recruitment trends to watch
Is it time to hunker down or level up? Recruitment guru explains how top property firms are taking different approaches to challenging market conditions.
Ex-Chestertons director Glynn Gibb steps up at the high-end estate agency.
New show unit goes on display at JTRE London's Triptych Bankside, where resi sales have now topped £200mn.
Recovery will be 'slow and steady rather than spectacular', says high-profile agency.
Over 90% of OTM shareholders that voted approved CoStar's acquisition of the property portal.
Cohort Capital completes another PCL mega-deal as ultra-prime sector 'remains well insulated from wider economic headwinds'.
Conditions are 'highly-competitive' at the top-end, reports Beauchamp Estates, with multiple serious tenants often vying for the same property...and the victor happy to pay one or two years’ rent up-front.
YouTube star & luxury real estate agency team up to showcase the '$1bn' Chateau Du Champs De Bataille in Normandy, which is now up for rent.
'It’s likely to be another muted, and in parts challenging, year for some buyers and sellers in 2024,' warns Rightmove, as the property portal identifies five trends to watch in the coming year.