Format: News
Weekly Showcase: Ten featured prime resi listings
Each week, LonRes & PrimeResi highlight a selection of properties currently available to buy and rent, from Prime Central London uber-pads to country retreats.
Prime Country Homes are not in a ‘cappuccino market’: Estate agency predicts only a ‘minor adjustment’ for house prices next year
Jackson-Stops thinks house prices will dip in some markets next year, before returning to positive growth in 2024.
DAMAC & Mandarin Oriental embark on five-star Maldives project
UAE developer & luxury hotel group are delivering 130 stand-alone villas - including some branded residences - across three private islands in the Indian Ocean paradise.
‘Chronic lack of supply’ drives rents up 12% in a year
Zoopla expects rental price growth to calm down next year, despite continued low stock levels and high tenant demand.
Global house prices continue to rise, but are falling in real terms
Knight Frank's Global House Price Index showed an 8.8% increase in the year to Q3, down from a peak of +10.9% in Q1 2022.
In Pictures: ‘Joyous & eccentric’ Dorset home named UK’s best new house
The Red House, a contemporary family home in rural Dorset by David Kohn Architects, has been named RIBA House of the Year 2022.
LA to implement ‘mansion tax’ of up to 5.5%
58% of Los Angeles residents voted for a new levy on property transactions above $5mn.
Global agent survey reveals top buyer trends to watch
Savills agents around the world report on the impact of shifting sentiment in their markets, and the properties and features most in-demand post-pandemic...
Real estate markets will see ‘green shoots of recovery’ by the end of 2023, predicts CBRE
'The clouds will begin to break later in the year,' says CBRE's research chief, Jennet Siebrits.
House prices fall as the property market continues to slow – RICS
'The downturn in the housing market this time could be shallower compared with past experiences,' says Simon Rubinsohn, Chief Economist at the Royal Institute of Chartered Surveyors.
Home-buyers pick longer mortgage terms
Over a quarter of home-mover mortgages secured in Q3 were for terms of more than 30 years, up from fewer than one in ten a decade ago.
PCL estate agency launches interior styling department
Chelsea-based Draker Lettings has recruited interiors consultant Anders Olsson to head up the new service, aimed at helping landlords 'outshine the competition'