‘Covid-era [house-buying] activity set to eclipse everything since the credit crunch’ – UK Finance
“The combined boost to [property market] demand from stimulus measures and societal changes has more than offset any dampening effects from Covid-19 and wider adverse economic factors," says banking trade body UK Finance.
‘After defying gravity for much of the pandemic, house prices appear to be finally set for their return to earth’ – Knight Frank
“It feels like we are at a crossroads,” says KF's James Cleland, as the number of new sales instruction picks up.
Stock shortage thwarts home-buying activity
Surveyors reported a small dip in sales volumes despite rising buyer enquiries in October, as house-hunters struggled to find suitable homes to buy.
Estate agents report drop in buyer demand, but house prices continue to climb – RICS
Property prices may prove "resilient" in the face of rising interest rates and costs of living, but transaction numbers are "likely to slow as the year wears on," warn surveyors.
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LATEST ARTICLES
Boutique private office appoints Beauchamp’s Finch to lead property division
Paul Finch has joined Liberty Rock after nearly 20 years with super-prime agency Beauchamp Estates.
Savills flags ‘historic value’ across prime London & regional markets
Some wealthy buyers 'seize opportunity' as property prices fall.
Prime prices dip as buyer choice climbs
Zoopla flags a 16-19% year-on-year jump in the number of homes listed for sale in London, the South East & South West.
In Pictures: Historic Madrid palacio transformed into 15 luxury apartments
Persepolis Investments has brought in Knight Frank to market the Touza Arquitectos-designed development.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest market movements & commentary, featuring data and analysis from Savills, LonRes, Knight Frank, Handelsbanken, Henley & Partners, Foxtons & more ...