Housebuilding to increase by 55% by 2018 – Savills
Housebuilding starts jump 23% to nearly double 2009’s low-point
The number of starts and completions on new-build homes reached their highest level since 2008 at the end of 2015, rising by 23% in Q4 compared to the same period a year earlier.
By Prime Resi
Central London housing completions to reach 10,000 in 2015 – JLL
The number of new units under construction across Central London has doubled in just two years, according to a new report being released today.
By Prime Resi
Manhattan 2020: Visualising a new skyline as the new-build boom returns
New-build apartment sales in Manhattan "are poised to reach a level not seen since last decade’s boom cycle by 2018", says New York brokerage CityRealty, as condominium development activity in the best…
By Prime Resi
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Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
Six ways the new High Value Council Tax Surcharge could change the luxury property market
From shifts in pricing and transaction levels to new-build activity, the OBR has released fresh forecasts for how the prime resi market could be affected by 2028's new annual levy.
By PrimeResi
Allsop recruits former Savills director to lead new planning department
'We are pressing on with our strategy of growth in complementary business areas,' says property consultancy boss.
By PrimeResi
‘A rare arrival on the lettings market’: Bayswater duplex seeks £10k pw
The marquee apartment in Redrow's 2015 Connaught Place development is available to rent.
By PrimeResi
D&G adds another self-employed broker in Central London
Keelan Forbes has returned to the agency after a spell with Savills.
By PrimeResi
London property prices have climbed by an average of 1.3% a year over the last decade
Central London areas have significantly underperformed outer boroughs in price growth terms.
By PrimeResi
‘Renewed caution’ stalls prime property markets around the UK
Savills says top-end values 'are continuing to ease back, albeit at a slower pace, at a time when we might have conservatively expected them to bottom out, if not pick up.'
By PrimeResi
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Tom Bill: Middle East ceasefire to boost buyer sentiment more than mortgage market
This week’s ceasefire will support UK housing demand, but mortgage rates are unlikely to drop quickly, explains Knight Frank's resi research boss.
By Tom Bill
Prime London buyer demand ‘stays firm despite vast economic uncertainty’
Q1 saw a slight increase in the proportion of open-market £2mn+ property listings that had already secured a buyer.
By PrimeResi