Location: United Kingdom
August sees ‘much larger than usual price drop’ – Rightmove
Average UK asking prices are now 2% lower than at their peak in May - but remain nearly a fifth higher than in August 2019.
First resale of Scotland’s ‘most expensive’ development hits the market
Savills is looking for offers in excess of £2,212 per sq ft for a resale apartment in Hamilton Grand.
High-profile owner ‘mulling’ sale of two London super-homes, suggests report
A sheikh is "potentially planning" to sell ultra-prime residences in Knightsbridge and Belgravia, says Bloomberg.
First Look: Taylor Howes completes nature-inspired project at Lodha’s No.1 Grosvenor Square
Design studio unveils collaboration with Verve Concepts at the super-prime scheme in Mayfair.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
New head of lettings at Knight Frank Chelsea
Former John D Wood, CBRE & Foxtons agent Willow Bushnell appointed lettings head maternity cover at agency's 'strategically important' outpost in SW3.
‘Once in a lifetime’ unmod mega-lateral in St James’s goes for over £5k psf
Record-breaking off-market deal shows appetite for best-in-class property is 'very much alive' amongst overseas buyers, says agency.
In Pictures: Robin Lee-designed warehouse conversion in Bayswater seeks £9mn
Collaboration with Baylight Properties created a rare example of lateral loft-style living space in W2.
Deals drying up in Prime London as sales market goes into holiday mode
Last month's activity was on the low side, even by July standards, and there are signs the £5mn-plus market is finally beginning to buckle.
‘Business as usual’, reports OnTheMarket, as buyers & sellers show ‘remarkable resilience’
Over three-quarters of active buyers are confident of moving forward in the next three months, according to the portal's latest survey.
Harding Green adds north London specialist
Noah Pearlman is the latest prime London agent to sign up to the hub-based brokerage.
House price growth slowed further in June ‘but the fall was gentler than we have seen in previous months’ – UK HPI
The average UK house price was £287,546 in June 2023, which is £5,000 higher than 12 months ago, but £5,000 below the recent peak in November 2022.