Luxury home sales ‘skyrocket’ in the USA while the mainstream market slows
Redfin has reported a significant increase in high-value home sales in the USA, while more affordable markets dwindle.
Global luxury property market set for a ‘banner year’ as demand outstrips supply
Nearly one in five (19%) affluent households around the world are looking to buy but not sell a property in the next three years, according to new research by Luxury Portfolio International, while only…
By PrimeResi
FT: Search for splendid isolation drives prime home sales boom
The ultra rich seek to turn holiday homes and private islands into more permanent bases for working and studying, writes James Pickford in the Financial Times.
New York dominates the world’s UHNW real estate scene, while London ‘stands out as a second-home destination’
New York is the top global city for the world's wealthy, according to new analysis by research house Wealth-X, with "a significant lead" over other hubs.
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Reality bites in Prime Central London as buyers step back & sellers cut prices
Recent tax changes have led to falling sales and downward price pressure across the capital's top postcodes, reports Knight Frank.
Winkworth’s Knightsbridge office adds Mayfair specialist
George Simpson has spent the last decade working for Knight Frank.
In Pictures: Rare beachfront mansion in Beaulieu seeks £12.5mn
1914 Arts and Crafts-style pile in 20 acres brought to market after 70 years in the same family.
Super-prime property firm expands with new lettings division
New offering from The Private Office: Real Estate will be targeting the top-end of the rental market in Surrey and the South East.
Blockbuster debut for Native Land’s Opus as sales top £100mn
Developer reports strong early take-up at luxury South Bank tower, as five-star lifestyle offering hits the right note with wealthy buyers.
Cadogan portfolio value hits £5.7bn as Chelsea blooms
Great Estate reports 16.6% boost in operating profit and 11.8% jump in total income as investments & placemaking initiatives pay off.
UK proptech boss named ‘future leader’ in US real estate list
ADVSR co-founder Elliot Jones recognised by Inman as London-based global marketing platform passes $15bn in listings.
D&G brings in talent chief from Chestertons for UK growth drive
James Evans' firm is looking to double its headcount of self-employed brokers to 50 by the end of this year.
Boutique agency founder moves to top-end brokerage
Moveli signs up another well-known PCL operator as platform expands its coverage across the UK.
UK non-dom tax shake-up built on flimsy foundations, report warns
Policy amendments are urgently needed to avoid a 'significant black hole' in the public finances, says former Treasury economist.
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Knight Frank promotes 170
Agency names 31 new Partners and 58 Associates across its UK business.
In Pictures: Bioclimatic circular villas offer ‘haute couture’ living in the South of France
CURV unveils radical luxury resi concept in Provence & the Côte d’Azur; brings in Barnes International to handle off-plan sales.
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Savills installs new head of resi sales in Surrey
Holly Sibley is now leading the agency's Reigate team.
By PrimeResi
Two-thirds of buyers offer under asking price, but only 4% of homes sell at a discount
'Buyers could be negotiating harder, although not all sellers are willing to budge,' says Barclays Bank.
By PrimeResi