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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Well-known RBKC specialist returns to Savills
Dan Martin made the move to luxury brokerage UK Sotheby's International Realty in 2023.
£38m Belgravia mansion sold in London’s first super-prime deal of 2025
Five super-wealthy buyers were fighting it out for the 9,000 sq ft Grade II listed townhouse on Wilton Crescent over the festive period.
Mayfair mega-deal revealed in official records
Grosvenor Square penthouse went through as one of 2024's biggest resi transactions.
OB Private opens new office in Notting Hill
Expansion marks 'new era' for luxury property, travel & lifestyle brand.
International buyer swoops on £26.25mn Mayfair mega-lateral
Fairway Capital sells 'palatial' residence in former Rolls Royce HQ on Old Park Lane; reports £120mn 'wave' of deals to buyers from the UK, Middle East & Asia.
London’s super-prime property market slumps to five-year low
£15mn-plus deals dropped off by a quarter in 2024, reports Beauchamp Estates, as tax hikes, non-dom changes & political uncertainty spooked billionaire buyers.
Harding Green signs former UK Sotheby’s International Realty MD
Guy Bradshaw will focus on Cheshire’s high-value property market as part of the 'freelance' brokerage's expanding network.
This £12mn Oxfordshire mansion was one of 2024’s standout country sales
Super-prime Georgian-style pile was picked up just six weeks after hitting the market.
Crown Estate chooses new chair
Real estate investment chief Ric Lewis is due to take over the top role from Sir Robin Budenberg in the spring.
Forecast Round-Up: What’s in store for prime property prices in 2025?
It looks like a busy start to the new year - but the outlook for house prices is less clear.
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Harrods Estates names new Knightsbridge sales manager
Well-known dealmaker steps up at PCL agency's flagship branch.
Black Brick: ‘This is the moment when the really smart money is buying’
'We have been amazed by how much prime stock there is to choose from at the moment,' says PCL acquisition firm, which has just secured an apartment in Kensington for less than half its original £30mn…
St John’s Wood super-home project goes for £2mn above guide
Multiple bids went in for the 'best-in-class' 10,000 sq ft new-build scheme, which was being offered with a top-tier design team already in place.
Allies and Morrison appointed to ‘reimagine’ iconic West End areas
Revamp of public realm in Regent Street, Haymarket & Piccadilly Circus is part of a big plan to realise John Nash's original ambition to connect St James's Park with Regent's Park.
Prime London Property Market Snapshot: Week 1, 2025
Early data suggests the slowest new year start in at least five years.