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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Spring Budget 2025: The prime property industry’s hopes & fears
Our panel of luxury property leaders urges the Chancellor to ease the tax burden on residential transactions, and to make Britain a more hospitable place for international investors & HNWIs.
Self-employed broker agency buys rival
With backing from well-known property industry players, TAUK wants to 'consolidate the UK’s self employed agency space'.
Agency seals over £100mn of deals in Little Venice
Boutique firm reports run of high-end sales in the picturesque West London enclave, where - unlike in many parts of the capital - demand is outstripping supply.
Savills promotes 266
Property Plc names 71 new Directors.
Nobu unveils plans for debut UK branded resi project
High-end hospitality group teams up with developer Salboy on £360mn scheme in Manchester, marking the A-list restaurant brand's first foray into Britain’s luxury real estate market.
Britain’s Best Places to Live in 2025
Saffron Walden in Essex has been named the best place to live in the annual Sunday Times Best Places to Live guide.
Rosewood launches first standalone resi scheme
Luxury hotel group's new boutique project in LA marks 'a monumental chapter in its residential journey'
Norway buys 25% of Shaftesbury’s Covent Garden estate
Norwegian oil fund strikes again in Prime Central London, acquiring another significant chunk of West End real estate.
Seven Graphs: The evolution of branded residences in Europe
The pipeline of branded projects in the region is expected to grow by 180% over the next six years, new research shows - but who are the biggest players, and where are the key hotspots?
Knight Frank: UK housing market adjusts as economic policies take shape
A clearer picture around tax & inflation may help to underpin demand, explains the agency's UK resi research boss Tom Bill.
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London misses out on ‘global super-prime sales surge’
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Hamptons extends international network with top-end partnership in France
156-year-old estate agency has teamed-up with French luxury homes specialist Leggett Prestige.