‘More pain likely for global housing markets,’ warn economists
'The rapidity of recent price declines in economies like Sweden, Canada, New Zealand, and Australia suggests prices may retrace a large part of their previous boom,' says Adam Slater of Oxford Economics. 'We may be some way from the peak pain levels housing markets will suffer in this cycle,' he adds.
Market-watchers agree house prices will fall – but by how much?
A raft of influential property market-watchers have torn-up their house price forecasts, now anticipating a particularly rough year ahead for the housing sector as the wider economy struggles.
Global housing downturn could see world GDP growth flatline, warn economists
The likelihood of a severe real estate slump is lower now than at the time of the Global Financial Crisis, but a significant drop in residential investment is 'plausible' next year, says Oxford Economics
Global housing markets are ‘at the tipping point’, warns UBS, with ‘significant price corrections’ imminent in many world cities
'We are witnessing the owner-occupied housing boom finally under pressure globally,' says UBS, which warns of 'significant price corrections' in a majority of the highly-valued global cities in the coming…
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Paterson sells UK Sotheby’s International Realty
Owner of Sotheby's Dubai and the Middle East region confirms acquisition of UK business
Ranked: The ten ‘most prominent’ estate agency brands in Britain
One prime estate agency has listed properties for sale in more than half of the nation's postcodes in the last six months, significantly out-covering any other brick-and-mortar firm.
Redbook recruits Savills’ Chenevix-Trench as Head of Property
Poppy Chenevix-Trench has moved on from the Savills Private Office, becoming the latest high-level addition to Sandy Mitchell's Redbook Agency.
Strutt & Parker hires PCL specialist from Savills
Charles Medina has moved from Savills to become a Director at Strutt & Parker in Mayfair and Marylebone.
Keir Waddell: Five PCL developments that will define five trends in 2023
Strutt & Parker's London new homes sales chief reflects on the big themes to emerge in the prime development sector lately, and the projects currently setting the tone in the luxury market...
Green light for major new Finchatton project in Kensington
Super-prime developer expands into education, securing planning for a new school for Thomas’s Kensington, along with new apartments & townhouses
Dexters buys Marsh & Parsons for £29mn
Another major acquisition creates London's biggest estate agency network.
£900mn year for Knight Frank’s regional resi development teams
The agency is looking to grow its regional resi development business by 50% over the next five years
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