Lockdown-induced flight from cities is ‘overstated’, says Zoopla
Any increase in demand for country living over urban location is likely "to be a one-off factor rather than a long-term ‘seismic shift’ in consumer attitudes," says Zoopla. The average UK house price increased by 2.7% in the year to June 2020, according to the portal's index.
What to read next
Post-lockdown surge in property demand likely to be ‘short-lived’, warns Zoopla
"Active engagement" with property listings has jumped to exceed pre-lockdown levels by some 20%, reports Zoopla - but more than four in ten would-be buyers say they have put moving plans on hold...
World cities see prime property prices rise at fastest rate since 2016
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
Post-lockdown property market bounce ‘may quickly run out of steam’, warns the RICS
Sales activity has "rallied noticeably" since May, report surveyors.
Most read
Power struggle at major family-run estate agency
Boardroom rift heads to the High Court as AIM-listed firm launches proceedings against its chairman.
Star Douglas Elliman broker targets London’s super-prime market
Luxury NYC specialist secures exclusive US representation for raft of landmark developments as American demand continues to build.
Prime London transactions up 14% as more buyers come off the sidelines
Knight Frank says buyers and sellers have become 'hardened to the volatility' as latest numbers suggest an improving picture across the prime postcodes.
Developer & contractor convicted over fatal London tower incident
Foster + Partners cleared of health and safety breaches over fatal Corniche window fall; St James and Lindner Prater found guilty.
Georgian gem changes hands on Fitzroy Square in off-market deal
Demand for best-in-class homes is driving top-end activity in PCL, says agency behind latest benchmark sale.
London’s super-prime market goes into summer recess
Latest LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.
Malins Group rolls out private client arm
Property group launches new division for owners restoring, remodelling and creating ‘exceptional’ homes.
Rhodium hires former Nobu exec to lead global growth push
Dean Main's luxury property consultancy brings in Diane Daudin-Clavaud as Chief Development and Strategy Officer.
Savills profits jump 47% despite UK resi slowdown
Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.
‘The industry is changing dramatically’: Russell Simpson’s Bertie Russell on growing the family business & the future of prime agency
INTERVIEW: PCL agency boss discusses carving out a place between the corporates and brokers, pushing into new prime London markets and keeping the boutique edge.
LATEST ARTICLES
£13mn Wentworth trophy home sparks competitive bidding
Agency reports ‘robust’ demand for best-in-class homes as British buyer snaps up standout new-build residence on the exclusive private estate.
Asia-Pacific’s branded resi sector on track to double by 2032
Savills flags diversification over volume as the defining trend in APAC's branded residential sector.
Lichfields installs new Planning Director in London
National planning consultancy announces another 14 promotions.
Parisian hotel brand debuts branded residences in Miami Design District
The Fouquet's Hotel & Residences is Miami Design District's first resi development
Savills bolsters Edinburgh team with returning London director
Ele Ross returns to the Scottish capital after three years in Islington, where she advised on more than £150mn of sales.