Global housing downturn could see world GDP growth flatline, warn economists
The likelihood of a severe real estate slump is lower now than at the time of the Global Financial Crisis, but a significant drop in residential investment is 'plausible' next year, says Oxford Economics.
Capital View: The global housing downturn will deepen – but this isn’t 2008
The US, UK, Canada, Australia, New Zealand, and Sweden are now all in the third stage of a property market downturn, suggests Neil Shearing, Group Chief Economist at Capital Economics.
Looming global housing slump ‘could cut world growth to a decade low’
Signs of a global house price downturn are already visible, warns Oxford Economics
Global real estate bounce ‘will extend into 2022’, predict economists
But Oxford Economics expects real estate returns to "temper considerably" by 2026, "falling well below their historical trend".
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Almacantar reports ‘landmark’ sale at The Bryanston
Buyers have splashed almost £55mn on apartments at the developer's super-prime West End projects in recent months.
Knight Frank creates new UK board
Property agency assembles top-level team to drive long-term growth & strengthen operations.
In Pictures: £13.5mn RH collaboration unveiled at The Whiteley
American super-brand curates 4,000 sq ft duplex at luxury west London scheme in UK first.
In Pictures: Grand Nine Elms duplex apartment seeks £32mn
HBA Residential has designed interiors for an extraordinary ground-level super-prime home in Excel Winner's Thames City development.
Big-brand luxury property agency rolls into the Cotswolds
The region's property market makes for 'fertile ground' as the wealth corridor expands, says United Kingdom Sotheby’s International Realty.
Savills & Knight Frank alumni acquire Jackson-Stops Exeter
Seasoned agents SJ Bingham-Chick & Tom Bedford have bought the business from longstanding director Richard Addington.
D&G ‘on a mission’ to recruit 50 new self-employed brokers this year
James Evans' estate agency is looking for 'entrepreneurial individuals keen to bring Selling Sunset or Love It or List It vibes to their local neighbourhoods.'
CBRE’s long-standing UK chief to step down
The search is on for Ciaran Bird's successor at the Fortune 500 company.
PCL property agency launches UK-wide independent broker platform
'Going independent doesn't have to mean going it alone', says boutique agency boss behind new membership offering AZ Alliance.
London Square adds big Wimbledon site to expanding portfolio
Latest SW London deal marks the developer’s fifteenth acquisition since late 2023, and third major move this year.
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London Square adds big Wimbledon site to expanding portfolio
Latest SW London deal marks the developer’s fifteenth acquisition since late 2023, and third major move this year.
Agency bags trio of trophy listings in St George’s Hill
Savills Weybridge's new instructions include one of only a handful of original W.G. Tarrant houses on the exclusive private estate.
Kent housebuilder expands team as pipeline grows
Former Berkeley Group director Sean Ellis is leading a significant expansion drive at Fernham Homes.