Location: International
Half as many people are moving home now compared to 2007
Around 155,000 people moved home in the first half of this year, says Lloyds Bank; that's 9% fewer than in the same period last year, and less than half the number that moved in 2007's boom-time (327,600).
Prime Property of the Week: Spirit of Scotland
Gin Head, Near North Berwick, East Lothian, Scotland
£3.5m
Sydney mansion smashes Australian price record
A ginormous house in a swanky suburb of Sydney has just sold for "between $60-$70m", making it the most expensive resi deal in Australian history.
Savills buys Aussie estate agency; opens flagship resi office
Savills has completed its acquisition of Sydney-based real estate agency Cordeau Marshall.
‘Substantial uptick’ in Manhattan deals as prices dip
"The number of Manhattan apartment sales greatly increased in the four weeks leading up to July 1," says New York real estate website City Realty from across the pond.
Prime London rents falter as bankers’ optimism fades
Rental values in prime central London have dropped - albeit by the smallest of measures - for the first time since February 2014. July saw PCL rents fall by 0.
Pace of price growth in global prime cities halves – Knight Frank
"Asian cities are rising up the rankings," says Knight Frank, as seven of the top ten cities in its Prime Global Cities Index are now based in the Asia Pacific region.
‘Stamp Duty reform has had little impact’ – CBRE
December's Stamp Duty reform probably hasn't had that big an impact on the £2m+ property market, argues CBRE.
Gstaad, St Moritz, Monaco, Mayfair: Mount Street gets its own travel poster
Never short on marketing ideas, independent agency Wetherell has really excelled itself this time.
On Locations: Chelsea Riverside, London’s new prime neighbourhood
The expansion of the prime London property market is leading to growth opportunities in new areas of the capital.
Planning nod for Merchant Land’s Charlotte Street scheme
Merchant Land has been given the green light to redevelop three adjacent period buildings in Fitzrovia.
INTERVIEW: Manhattan Loft Corporation’s Harry Handelsman on breaking the mould
PrimeResi meets the man behind one of the very few property development superbrands...