Location: International
Engine rooms of South East and East leading UK house price growth
House prices in Greater London will end the year up 5.1% on an annual basis, Strutt & Parker has predicted, a rate of growth outstripped by the East of England (7.1%), the South East (5.
Prime central London rents drop as tenancies slide by 12%
The number of prime central London tenancies agreed in September was 12% lower than the same month in 2014, reports Knight Frank, as rental values dropped by 0.5% in October.
Bubble Watch: A field guide to the world’s most over-valued property markets
The "majority of world cities are significantly overvalued" says UBS in its Global Real Estate Bubble Index, as it charts the imminent risk of price drops in key global hubs.
Introduction
Prime Purchase strengthens London team
Buying agency Prime Purchase has made another key addition to its London team.
Uh Oh We’re In Bubble: London is the most over-valued city in the world – UBS
Property prices in London and other global financial centres "are now, in many cases, fundamentally unjustified," says UBS. "The risk of a real estate bubble in these cities has risen sharply."
Interior Blog Awards: Winners
The Amara Interior Blog Awards took over Firmdale's Ham Yard Hotel - and much of Instagram - last night; here's who won what:
BEST ARCHITECTURE BLOG
Dezeen
English Buildings (WINNER)
Homeli
Heavy Duty: How the new SDLT system stuffed both ends of the market
The new SDLT regime is creating a boom and a bust at one end of the scale whilst raising less money for the government at the other; not such a clever move, says Trevor Abrahmsohn...
Sellar picks stellar design team to deliver Paddington scheme
Sellar Property Group has assembled a stellar design line-up to deliver its high-profile "Shard of west London" vision.
Knight Frank promotes 96
Knight Frank has made a fleet of promotions across the business, creating 39 new Salaried Partners and 57 new Associates.
China’s biggest resi developer makes NYC debut with Foster + Partners tower
Aby Rosen's RFR Holding and China's Vanke have kicked off sales at One Hundred East Fifty Third Street, a new Foster + Partners-designed addition to the New York City skyline.
Topping Out: Why London’s prime property boom is over
Owning a house on Pepys Road, the fictional London street in John Lanchester’s novel Capital, “was like being in a casino in which you were guaranteed to be a winner”, writes Deutsche Bank's Sahil…
Britain’s first million-pound towns emerge despite seven-figure sales slump
The number of £1m+ property sales slumped by 11% in the first half of 2015, but the regional picture tells a slightly different story, as average property prices in three towns breach the million mark…