Luxury price inflation is more than double the mainstream rate, says Coutts
Prices for high-end products and services have risen by 5.9% in the last 12 months, reports the Queen's bank
Luxury lifestyle prices are rising twice as fast as mainstream consumer inflation
Coutts bank's measure of luxury price inflation has risen by 4.7% a year since 2016; twice the rate of the mainstream Consumer Prices Index
By PrimeResi
Asia is now home to more billionaires than the USA
European billionaires are hunkering down; total wealth increased by 5% in 2016, while the number of billionaires in Europe increased by just three to 342.
By PrimeResi
OBR slashes property price growth forecasts
'The latest near-term indicators of housing market activity point to a significant weakening', warns the Office for Budget Responsibility, as it anticipates falling property prices and transaction numbers…
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London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
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Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
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Property Industry Reactions: Starmer resigns, opening the door for a Burnham premiership
UPDATED: It's a 'double whammy,' says Becky Fatemi - 'uncertainty over future policy, followed by concern about the policies themselves.
By PrimeResi
Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
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'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
In Pictures: John D Wood & Co.’s Summer Party 2026
Venerable estate agency held its annual bash in Belgravia last week.
By PrimeResi
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