New Zealand house prices predicted to plunge 20% next year
A 20% drop would be NZ's biggest property market fall since the 1970s - but would only return house prices to where they were at the start of last year.
What to read next
‘The dynamism of cities is reasserting itself’: Global city house prices out-perform national averages
House price growth in global cities is outpacing national averages, according to Knight Frank's latest indices - but signs point to a general property market slowdown.
More global markets see house prices begin to fall
The percentage of international property markets registering an annual fall in mainstream residential prices jumped from 2% in Q1 2020 to 16% in Q3 2020.
Prime resi prices continue to climb in major global cities
US cities have seen the highest rates of prime property price growth in the last six months, reports Savills, as the firm predicts a slight slowdown across most world cities in the second half of this…
Most read
Knight Frank puts heavyweight duo at helm of London Private Office
Specialist division brings together the firm's 'most accomplished advisers' for UHNWIs.
Italy’s exit tax plan raises eyebrows in Britain
'Perhaps we don’t look so bad after all?' quips top London buying agent as Rome pitches a departure charge for wealthy residents.
Buyer swoops on ‘one of London’s most celebrated historic houses’
Architecture wins out over postcode as purchaser searching in Westminster exchanges on landmark mansion south of the river.
Top-end Kensington scheme racks up over £70mn in sales
Developer unveils resident amenities and reports latest sales progress at Squire & Partners-designed project.
PCL agency bolsters team after high-end deal run
Former Aston Chase ops manager joins alongside two agents as the Mayfair-based firm sets its sights on further expansion.
£48mn price tag for Bryan O’Sullivan-designed penthouse at Chelsea Barracks
First Look: Inside one of the year’s biggest new-build launches.
Native Land teams up with Singaporean investor for PCL acquisition drive
Kensington block changes hands as new venture targets the capital’s prime rental market.
Elicyon names new Creative Director
Rebecca Larn steps up at Charu Gandhi's London-based luxury design firm.
Guy Meacock: ‘These are the best conditions I have ever seen, from my side of the negotiating fence’
Seasoned agency boss on what's next for buyers in Prime Central London.
High-profile agency reopens SW3 sales operation
Chestertons has a dedicated Chelsea sales team for the first time in nine years.
LATEST ARTICLES
Code Blue: Charles Curran on what the US midterms mean for prime London property
'We do not see the Prime Central London market recovering for the time being,' says the Maskells boss - who anticipates a slip in American demand for UK property as Trump loses influence at home.
Guernsey’s biggest privately-owned estate seeks £65mn
The 80-acre Havilland Hall comes with a Regency mansion, a private 'village' and an array of leisure & business facilities.
Inside 1 Mayfair: Caudwell completes first residence at ultra-luxe scheme
Lavish show apartment dressed by New York designer Jamie Drake is pitched at £83.7mn.
Grosvenor Square penthouse finds buyer at nearly half its original asking price
Seven-day exchange follows more than three years of marketing for hefty Mayfair duplex.
Rightmove trims revenue expectations
Property portal reports a 10% year-on-year drop in buyer demand and a 9% fall in sales agreed.