Leading economists expect ‘decade-low’ mortgage growth into 2024
'As mortgage rates reach their highest since 2008, economic growth remains subdued and weakening housing market sentiment drives down demand,' says the EY ITEM Club in its latest forecast.
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‘Rental growth has now peaked and we expect a major slowdown in 2024’, says Zoopla
'There are signs that the UK rental market will turn in 2024,' says Richard Donnell; 'rents are reaching the maximum affordable price and rental demand is starting to slow.'
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Another major agency cuts 2025 property price growth forecasts
London prices to continue to underperform the national average this year, says CBRE, but the capital is tipped to see the highest growth of any UK region over five years.
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Rightmove predicts 4% growth for asking prices in 2025
Bullish forecast comes despite a 'larger-than-normal seasonal slowdown in pricing as we head towards Christmas'.
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Daggers’ DDRE tops £200mn in 2026 sales; adds five more advisers
'Buying London' brokerage brings in new dealmakers and reports run of big-ticket transactions in town & country.
Belgravia townhouse with royal past reportedly finds £39mn buyer
That price would top the £35mn paid for a Grade I-listed neighbour earlier this year.
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Agency seals string of super-prime St George’s Hill sales
The latest big-ticket residence to change hands on the exclusive private estate was guided at £13.75mn.
Savills downgrades prime forecasts; no recovery for PCL prices until 2029
Prime London and regional property prices are likely to decline further next year, says top agency.
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Former Lodha director joins country house agency
Independent firm brings in top-end operator to bolster its Cotswolds presence.
Well-known PCL agency duo launch boutique firm
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Landmark Nine Elms scheme brings in fresh design talent
Two top interiors studios join the teamsheet at the 57-storey tower, just over two years after sales launched.
London’s super-prime sales haul halves as trophy deals dwindle
Latest data tells of a comedown from Q2’s 'flurry of remarkable sales' in the UK capital, as Hong Kong topples Dubai for combined $10mn+ sales value.
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Savills announces ‘management evolution’ in Europe
London-listed real estate advisor rejigs top table team in the UK and wider EMEA region.
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