Knight Frank downgrades PCL house price growth forecast
'Needs-based' housing markets are likely to see prices rise faster than previously thought, but Knight Frank has cut its near-term forecast for Prime Central London 'due to the fact the political backdrop has become more uncertain for higher-value markets over the last six months.'
Knight Frank trims house price forecasts for 2025
But Tom Bill's team has upgraded its outlook for prime London property price growth over the next five years.
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‘The outlook has become more positive’: Knight Frank hikes UK house price forecasts
Top-flight housing market analysts have dramatically raised their expectations for house price growth this year, revising the 2024 forecast up from a -4% drop to a +3% increase.
By PrimeResi
UK house price growth to slow as cost of living bites – Knight Frank
House price inflation is likely to "unwind" back to single figures across the UK, predicts Knight Frank, although Prime Central London is set for higher price growth as global travel resumes.
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Related Argent bolsters exec leadership team
Developer appoints Parm Nijjar as Executive Director and promotes Oli Rifkind to Chief Development Officer.
Marylebone’s high-end market keeps moving despite pre-Budget uncertainty
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Italian design platform lands in London with Embassy Gardens penthouse
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While nominal prices have jumped by an average of 95% over the past two decades, analysis shows inflation-adjusted gains remain below 9%.
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