House price optimism hits highest level since 2010
OBR cuts 2020 house price forecasts by 5% – but the Budget won’t affect the market
The Office of Budget Responsibility has revised its medium-term forecasts for the property market down by 5% to +34.1% by Q1 2020, but not as a result of yesterday's Budget.
In real terms, that's a +13.
By Prime Resi
Reaction to ONI House Price Index: “Sales volumes remain at less than half the level of a functioning market”
PPR Estates director, Nick Hopkinson, has lambasted today’s ONS House Price Index figures, slating the report as "simply an analysts' field day."
In a statement today, he said;
By Prime Resi
UK transactions hit highest level since February 2014
HMRC's seasonally-adjusted resi transaction count for June has come in at 104,590, up 4.7% on May 2015 and the highest monthly total seen since February of last year.
By Prime Resi
Companies in this article
Knight FrankMost read
Valouran assembles top team for £200mn Bishops Avenue scheme
The super-prime developer's flagship North London project, Bishops Avenue Gardens, is due to launch this autumn.
The Times: Is London’s housing market on the edge of freefall?
PCL agents report steep ultra-prime slowdown as tax changes drive flight of international buyers.
‘A lot has changed over the last six months’: Savills slashes 2025’s house price growth forecast
But the five-year outlook for the mainstream market has been slightly upgraded.
By PrimeResi
Rumourmill: Reeves ‘to defy’ wealth tax calls
Chancellor reportedly distances herself from proposals to raid the rich.
John D Wood & Co recruits former Foxtons Ops Director
Shaun Lloyd-Griffiths joins longstanding prime agency as it navigates an 'important period of growth'.
Is the Prime Central London market ready for the Great Wealth Transfer?
Alpa Bhakta explores 'a profound generational & cultural transition that could have a significant impact on how & where money is spent, saved & invested.'
By Alpa Bhakta
Savills appoints new sales chief in East London
Jen Holmes has risen from valuer to Head of Sales in under five years.
By PrimeResi
Binghatti reports record H1; rolls into Knightsbridge
The luxury UAE developer's profit surged almost threefold in the first six months of 2025 amid strong demand for Dubai real estate.
Rightmove halves growth forecast as asking prices record biggest July dip
Property portal now expects average asking prices to rise by just 2% through 2025, although transaction volumes remain strong.
By PrimeResi
Renovated A-list Cotswold farmhouse seeks £22.5mn
'Kitesbridge Farm is a landmark estate blending historic charm with modern architecture and top-tier design,' says UK Sotheby’s International Realty.
By PrimeResi
LATEST ARTICLES
Rightmove revenue & profits jump 10%
'We see a long runway of opportunity for digitalisation of the property ecosystem,' says property portal CEO Johan Svanstrom as revenue & profits rise again.
By PrimeResi
eXp Realty expands into Japan
The move heralds 'a complete reset' for Japan's real estate brokerage industry, says boss Ken Tanaka.
By PrimeResi
‘We’re kicking ass’: Michael McHale & Sam Patterson of KIRE on rewriting the estate agency rulebook
'We realised that agents could become the glue that brings a community together': PrimeResi meets the founders of NW London’s hottest boutique property agency.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
AED400mn Abu Dhabi mansion sets new price record
Aldar's beachfront house in Faya Al Saadiyat features interiors by 1508 London.
By PrimeResi