Foxtons posts ‘best first half results since 2016’ as sales revenue rockets
Foxtons Group revenue climbed to £66.9m in the first six months of this year, 66% up against 2020 and 29% up against 2019. Sales revenue has surged by 86% compared to 2019's level.
Savills posts record results as residential sales revenue doubles
Like other property PLCs, Savills' profits have surged this year. The firm's UK Residential Transaction Advisory business posted record revenue in H1, nearly doubling (+97%) compared to last year.
Foxtons 2013-2018: from £42m profit to £17m loss
Charting the rise and fall of profits and revenues at high-profile estate agency Foxtons.
The average estate agency’s sales commission is 1.2%
But there's a pretty broad range between different regions. Agents in five postcodes manage to bag fees in excess of £30,000 per property sale
Most read
‘Trophy’ apartment on Mayfair’s Grosvenor Square sells for £19.75mn
PCL buying agency secures 'once in a decade opportunity' for longstanding client, negotiating more than £1mn off the asking price.
Super-Prime Deal Digest: 38 of 2024’s standout London property sales
PrimeResi’s essential review of the most significant luxury transactions of the year.
Top-performing European prime property markets to watch in 2025
Knight Frank forecasts price growth across Europe’s key cities & luxury resorts next year, with Stockholm out in front & London at the rear of the pack.
Boutique agency scores hat-trick of super-prime sales in Primrose Hill
House Collective's trio of £10mn-plus deals featured some rare large-scale family houses in the popular NW London enclave.
A fifth of estate agents plan to work through Christmas
Agency boss warns of 'burnout' as survey reveals no seasonal break for many brokers.
In Pictures: ‘Extraordinary’ 60,000 sq ft ski chalet features F1 simulator, car museum & nightclub
Byron Baciocchi's Unica Capital is building a 'record-breaking' leisure palace in Gstaad.
Belgravia sees super-prime deal surge as ‘new generation of global buyer’ moves in
International HNWIs have been honing in on the prestigious PCL district in 2024, reports Savills.
Guy Meacock: Why London continues to captivate American buyers
'There have been surges of interest from Americans in the past but in 20 years of doing this job, I can’t recall quite so many buying as now'.
Building Businesses: 2024’s top prime estate agency mergers & acquisitions
Including changes at Chestertons, Christie's International Real Estate, Fine & Country, Foxtons, and a realm of boutique London firms - plus a big portal deal that did not happen.
In Pictures: Super-prime townhouse unveiled at RAMSA-designed scheme in NYC
Remarkable $16.95mn residence at boutique project The Henry promises the best of all worlds.
LATEST ARTICLES
Ranked: Britain’s most expensive streets in 2024
Lloyds Bank's annual rundown names Knightsbridge as the UK's priciest address, with last year's title-holder Grosvenor Square falling to third place.
Knight Frank predicts ‘a sober 2025 for global prime housing markets’
Dubai, New York, Geneva and Paris are likely to see top-end residential values rise next year, but other international wealth hubs could see prices fall.
Housing market ‘ends 2024 on a high’ as sales pipeline runs hot
'It remains a buyer’s market and signs of increased caution amongst home buyers will keep UK house price growth in check over 2025,' says Zoopla.
In Conversations: PrimeResi’s top interviews of 2024
16 profiles of property industry leaders who shaped the luxury residential sector this year.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest movements and commentary, featuring data and analysis from Lloyds Bank, LonRes, Foxtons, ONS, Zoopla, TwentyCi, Garrington, Savills & more...