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Mortgage approvals drop to lowest level since June 2020
Fewer house purchase mortgages were approved in November 2022, as interest rates climbed.
Rightmove reports strong ‘Boxing Day bounce’ as new property listings jump 46%
'We’ve seen some promising activity and familiar patterns over the festive period this year, which are good signs for the year ahead,' says property portal.
Vast Raffles-branded residences go on sale in Dubai
Buyers are being offered a choice of 14 turnkey homes serviced by the luxury hospitality group, with floorplates going all the way up to c.26,500 sq ft.
Grand Registry: Surveying last month’s biggest registered sales
Important 17th century pile in north London tops latest rundown of resi transactions lodged with the Land Registry.
SW London penthouse portfolio goes up for sale at £19.6mn
'Village in the sky' weighs in at over 18,000 sq ft and comes with multiple roof terraces overlooking the Thames.
2022 ends with a bang as top-end buyers go last-minute shopping
'It seems Christmas is no reason to slow down at the top end of the PCL market', reports LonRes MD.
Scottish country houses move back to ‘a healthy, normal market’
Knight Frank brought in 50% more Scottish country house sales instructions in November compared the five-year average.
Canada blocks foreign property investment for two years
'The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors,' says Canada's ruling party.
Gove backs new architecture school plan to tackle ‘insipid’ housing development
Policy Exchange's proposed School of Place 'would seek to ensure that architects, planners and built environment professionals have access to the best theories, principles and most importantly practices…
US luxury homes market in record slump
Sales of high-end properties in the States plummeted by over 38% at the back-end of last year, the biggest decline on record, as wealthy buyers retreated from the market.
US billionaires splashed over £600mn in London’s top postcodes last year, with more to come in 2023
Ultra-wealthy Americans spent a record amount on luxury PCL homes in 2022, and are tipped to continue dominating the super-prime property market in the year ahead.
Oona Collins: Seven business priorities for property leaders in 2023
From working on your personal brand to asking your team the right questions, the leadership coach behind some of the biggest names in property explains how to make 2023 a year to remember...