OBR revises housing market forecasts in light of Covid-19
Three scenarios for house prices and transactions volumes over the next five years have been presented by the Office for Budget Responsibility - an Upside, a Central, and a Downside.
What to read next
‘Certainty will return to the UK housing market’, predicts JLL in an upbeat set of forecasts
Property firm prophecies "the end of a long period of uncertainty" in London and around the country - with positive growth on the cards for house prices, transaction volumes and rental values.
Three Phases: How prime London’s property market will emerge from the Covid-19 lockdown
The ongoing Coronavirus lockdown will be followed by a "mini-boom" in prime London's property market, predicts super-prime specialist estate agency Beauchamp.
Volatile property market to calm, says OBR as it upgrades house price forecast
"House prices have risen significantly faster since the start of the pandemic than we had expected, says the Office of Budget Responsibility.
Most read
Deals & Data: London’s £15mn+ market rebounds in blockbuster first half
Record-breaking sales, resurgent international demand and a surprise winner among the capital's super-prime neighbourhoods - but buyers are still calling the shots.
Property Industry Reactions: New PM Burnham installs Downing Street team
UPDATED: Former Defence Secretary John Healey replaces Rachel Reeves as Chancellor of the Exchequer; Angela Rayner returns to the Cabinet as Housing Secretary.
Knight Frank launches ‘second phase’ of broker recruitment drive
The big-brand estate agency has received 130 enquiries from would-be self-employed brokers so far, with eight being appointed in the last eight weeks.
Knightsbridge developer cuts resi for hotel & spa scheme
RBKC has approved a PLP-designed hotel/spa on Pavilion Road, replacing an earlier mixed-use consent with apartments.
St John’s Wood mansion trades in £29mn deal
Latest NW8 mega-deal revealed in official records.
Has Hamilton Terrace become NW London’s hottest address?
The St John's Wood street has notched up almost £100mn of house sales in the past 12 months.
Interview: Caitlin Ure of GBR on the business of branded residences – and what’s next for the sector
Why do some branded resi schemes command huge premiums while others fall short?
Knight Frank signs new Mallorca agency partnership
Balearic agency boss heralds 'a full-circle moment'.
Prime vendors lose confidence as buyers turn ‘more selective, more price sensitive & more willing to wait’
88% of Savills' London agents report weaker seller sentiment, rising to 94% in the country, but the market is far from frozen.
Property Vision appoints Sandy Mitchell as Non-Exec
Top-flight buying agency adds well-known prime resi name to its panel of business advisors.
LATEST ARTICLES
Resi developer’s global survey reveals ‘what the world thinks of London’
London Square research finds the capital leading the pack for careers and resi investment, with overseas sentiment more upbeat than the domestic narrative might suggest.
International buyer picks up £7.9mn St John’s Wood pied-à-terre
Longstanding listing changes hands as wealthy buyers continue to target large family homes in NW8.
Mapped: How Prime London prices & rents have shifted over the last three months
Latest data reveals what's been happening at neighbourhood level.
My Property Career: Quickfire Q&A with Lesley Cairns
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
In Pictures: Aldar reveals Saadiyat Island’s final phase in Abu Dhabi
Marsa Al Saadiyat will add to the island's remarkable array of super-prime homes, branded resi projects & cultural institutions.