Main image: Zoopla HPI - Demand, sales agreed and new inventory
Demand surge to prop up house prices for the next few months, but the post-lockdown bounce is already slowing
"The surge in demand for property is expected to delay house price falls, pushing them towards the end of 2020," says Zoopla, as it forecasts that annual price inflation will be sustained at 2-3% for the coming quarter, before turning negative at the end of the year.
Top-end country house prices have soared by 16% in the last year
Country homes valued at £5m+ saw average prices surge by 7.3% in Q1, taking the annual rate of price inflation to a blistering 15.8%.
By PrimeResi
UK prime resi prices set to rise 9% this year, but PCL’s bounce ‘has been delayed’
Runaway property price growth in the regions is likely to soften from next year, predicts Savills, while Prime Central London prices are set for a sharp upwards bounce once international travel resumes
By PrimeResi
What buyers want now: Top town & country buying agents compare notes on post-lockdown demand trends
Two top buying agents - one focused on prime London, and one on prime country houses - reveal what is on their clients' most-wanted lists.
By PrimeResi
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Buying London ‘axed’ after one season
Netflix show starring Daniel Daggers has reportedly been cancelled.
By PrimeResi
Trophy Knightsbridge penthouse with rooftop pool hits the market at £80mn
Agency offers up 'once in a lifetime opportunity to own one of the most extraordinary properties in London'
Former Savills & Prime Purchase stalwart launches independent buying agency
Emma Seaton's new venture will focus on the prime markets of the Home Counties.
Super-home project in the Chilterns seeks HNW buyer with vision
Hidden 68-acre site, described as one of Oxfordshire's 'best kept secrets', comes with planning for a 21,000 sq ft Arts and Crafts-inspired mansion.
Native Land MD moves to Henley IM
Jay Squier's appointment comes as Henley plans to accelerate its development pipeline across the UK.
By PrimeResi
PrimeResi’s back to school briefing: Ten things we learned over the summer
Get back up to speed with the key talking points in prime property over the last few weeks, from the post-election bounce to the pre-Budget blues; the hottest PCL districts to the top-end lettings boom..
Agency reports 80% jump in London corporate relocation activity
Hamptons recently hosted an event for London's top relo agents, highlighting a significant increase in senior exec moves, as well as budgets, in the last year.
By PrimeResi
Murdoch’s REA considers multi-billion pound Rightmove takeover
Aussie property giant is mulling 'a possible cash and share offer for the entire issued and to be issued share capital of Rightmove.'
By PrimeResi
Paris, Milan or London? Navigating the future of London’s prime property market
Thomas Moran & Ruth Morris examine whether the UK capital's appeal as a high-end hotspot is really under threat from other European hubs.
Deal sealed on ‘one of the most important private estates in Jersey’
Neo-classical inspired mansion, said to rank among the finest private residences created in Britain in recent years, was guided at £32mn.
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Berkeley reports ‘stable’ trading; backs ‘ambitious’ Labour housing plan
Influential housebuilder is 'committed to playing its full part in delivering the new homes the country needs'.
Deal sealed on ‘one of the most important private estates in Jersey’
Neo-classical inspired mansion, said to rank among the finest private residences created in Britain in recent years, was guided at £32mn.
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Young professionals are ‘flocking’ to the West Country, says buying agency
An influx of new permanent residents since the pandemic 'has changed the dynamic for many towns in Cornwall', says Black Brick.
By PrimeResi
Porsche unveils branded resi tower in Thailand
In Pictures: Porsche Design's third branded residential development promises to be a 'future landmark' in Bangkok.
By PrimeResi