Format: News
Global luxury housing boom to continue, with more subdued price growth
Knight Frank is predicting continued price rises for international luxury property markets in 2022 - although the pace of growth is likely to be significantly lower than 2021's extraordinary performance.
Pre-pandemic stability beckons for UK property market as supply levels finally pick up
New listings have been running at 5% above the five-year average in 2022 so far, reports Zoopla, but demand is still at near-record levels - half of all homes where sales were agreed were snapped up within…
Market Snapshot: New York reaches new heights as exodus goes into reverse
After a record year in 2021, prime prices in Manhattan are tipped to rise by another 5% in 2022, despite the dual headwinds of rising inflation and interest rates
Westminster’s important new building rules ‘place sustainability at the heart of the built environment’
New guidance for property developers "will ensure the highest possible proportion of development requiring planning permission achieves net zero carbon emissions," says Westminster Councillor Matthew Green.
UK housing market to cool after 2021 boom – Oxford Economics
"A soft landing is more likely than an abrupt correction" in house prices, says a top forecasting house.
Housing Secretary eyes seizure of UK property owned by sanctioned Russians
“Freezing assets is not enough”, says a DLUHC insider, as Michael Gove reportedly considers steps to seize Putin-linked homes in the UK without compensation.
Knight Frank expands super-prime lettings offering in the Home Counties
New department head Jamie-Leigh Harvey has achieved record prices on a number of flagship rentals across the region
Wales puts the squeeze on second home owners
Council tax bills to soar by up to 300% under new rules coming in next April
Property agents urged to check latest sanctions list
The property industry has an important duty to help make anti-war sanctions work.
Relative Values: How much luxury property does $1mn buy around the world?
Monaco, Hong Kong and London are the world's most expensive luxury property enclaves per square metre, reports Knight Frank.
International prime property prices surged in 2021 as ‘luxury homes became the asset class of choice for UHNWIs’
Knight Frank's Prime International Residential Index posted its biggest ever year in 2021, with luxury property prices around the world rising by an average of 8.4%.
Foxtons confirms first profit in five years; opts to keep mortgage arm Alexander Hall
London estate agency Foxtons made an £8.9mn operating profit in 2021 - up from £1.9mn in 2020, and from a £700k loss in 2019.