‘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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Touring eight of London’s most spectacular ultra-prime listings
From an 'incomparable' Hyde Park penthouse to a hidden mansion in Knightsbridge, PrimeResi looks at the options for elite buyers with super-sized budgets.
London Square continues prime site acquisition run with ‘extremely attractive’ Brook Green project
The former school site in West London is the Aldar-owned property developer's eighth acquisition so far this year.
‘Arguably the finest in Mayfair’: Trophy townhouse lists at £49.5mn
Grand red-brick specimen on Balfour Place is the only double-fronted south-facing home in Mayfair Village.
Top-end construction firm installs new Group MD
Castellum founders herald 'a key milestone' for the business as Lyndon Marfell joins from Walter Lilly.
Buying agency platform adds two heavyweight advisors
Johnny Turnbull & John De Pree have joined Claire Whisker's First In The Door team.
Former Northacre sales boss launches new venture
Simon Edwardson's Wind Leaf will be offering up 'market leading advisory services for residential and commercial assets on a worldwide basis'.
New Earls Court plans submitted, promising ‘a global destination’ with 4,000 new homes
Delancey's Earls Court Development team promises 'a place for everyone, a neighbourhood that brings people together, where they feel welcome, safe and included.'
Investor picks up South Ken apartment block
Firm plans to enlarge & rework the period building on Roland Gardens.
Another ‘milestone’ deal in Mayfair as super-prime buyers make their move
Conditions are nervy, but some HNWIs are sensing an opportunity & taking a long-term view, reports top acquisition firm.
Behind the numbers: How many non-doms will be affected by next year’s changes?
Savills estimates that 22,100 non-doms are likely to be exposed to proposed tax changes.
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