Location: Americas
Prices push up as £1m+ deals flow – Land Registry
A 2.5% monthly increase has taken the annual rate of house price growth to +7.1%, according to the latest from the Land Registry.
At +13.
Green light for Greenland’s giant Hertsmere House
Plans to build the biggest resi tower in Western Europe have been given the thumbs up in East London.
Number of £1m+ homes ‘to more than triple’ by 2030
The number of UK properties worth at least £1m is expected "to more than triple between now and 2030", says Santander Mortgages, rising from under 500,000 today to over 1.6 million in 15 years' time.
London the ‘guinea pig’ for New York’s pied-à-terre tax
The UK is being seen as a "guinea pig" by policymakers pondering a "pied-à-terre tax" across the pond.
Global economic growth prospects ‘have practically flatlined’ – OECD
Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic…
The Homes Front: Problems & policies of the UK housing market
Charging Capital Gains Tax on homes would be a significant improvement on the current stamp duty regime, argues the National Institute of Economic & Social Research's Dr Angus Armstrong in a thorough…
New York’s luxury developers woo Generation Z
An interesting new trend is being reported in New York, with resi developers increasingly designing their luxury schemes to appeal to tweens and teens.
UK stamp duty revenues suffer as Osborne throttles the golden goose
With the Institute for Fiscal Studies now warning that the Government will struggle to meet its target of balancing the books by 2019-20, Knight Frank has taken a proper look at how the new stamp duty…
Curtain Up: £750m Shoreditch scheme to transform ‘lost’ Shakespearean site
The curtain has been raised on a showstopping £750m regeneration project in London's Shoreditch, centred around the most important Shakespeare heritage project in the UK for almost 20 years.
Savills launches dedicated property service for ‘the professional sporting elite’
Savills is pitching its wares at wealthy sports stars around the world with a new dedicated team "which will offer a confidential property service to the professional sporting elite, who seek discretion,…
Global house prices ‘continue to march slowly upwards’ – IMF
The latest update to the International Monetary Fund's Global Housing Watch shows that aggregate real property prices have edged up for the past 16 quarters.
Boffins pitch ‘premium property tax’ on London’s £5m+ sales
Academics from Goldsmiths, Sheffield and York universities have floated the idea of slapping a "premium property tax" on London's prime property market to pay for social and affordable housing.