OBR updates UK housing market forecasts
Average prices & transaction volumes likely to rise 2.5% a year over the next five years, while housebuilding activity is set to dip further before turning up 'sharply'.
What to read next
OBR cuts housing market forecasts following Autumn Budget
Expectations for residential transaction volumes, house price growth and for housebuilding activity have all been scaled back.
Most valuable boroughs: Inside London’s £2.6 trillion housing market
'The difference in overall housing value between inner and outer London is closer than might be expected,' says Zoopla.
Borough by Borough: Charting short supply & rising prices in London’s housing market
CBRE's annual Borough by Borough report reveals a tapestry of local performance alongside over-arching trends shaping the capital's residential market.
Most read
Super-prime Kensington development launch draws over 150 agents
In Pictures: London’s prime property crowd gets first look inside REDD’s newly completed One Palace Green.
£33k-a-week Mayfair mansion leads run of blockbuster London rental deals
Mount Street and One Hyde Park mega-lets mark five-year highs as capital's luxury rental supply shrinks.
Tycoon weighing UK exit looks to offload luxury PCL properties
£18mn-plus Knightsbridge flat goes up for sale, along with other homes in Mayfair, Kensington and Chelsea, as entrepreneur says ‘there’s just no point in being here’.
Broker lands stellar £18mn instruction in SW London
Grade I-listed Richmond observatory - now a super-prime residence - was originally built for George III to watch the transit of Venus.
The £100k Mistake: A top buying agent on what prime property buyers need to know about AI
The real value of a good advisor is in judgement & knowledge of things beyond data, says Property Vision's Rob Fanshawe.
Strutt & Parker broker ranks hit double figures
Seasoned St John’s Wood agent becomes tenth member of recently launched brokerage division as heritage firm targets further Prime London expansion.
‘There are quiet Augusts and then there are quiet Augusts’: Prime London sales hit 18-year low
Latest LonRes numbers point to a particularly slow summer for prime London - but there are signs of life at the top end.
Well-known London agency adds two more self-employed brokers
Olia Sequeira & Victoria Peters sign to the 68-year-old brand.
London super-prime sales haul jumps 72% despite global slowdown
Knight Frank tracked a 'flurry of remarkable sales' in London during Q2, but US$10mn+ transaction volumes dipped slightly.
Treasury eyes £1.5mn mansion tax threshold as Budget rumours gather pace
UPDATED: Reports suggest Treasury is considering widening the HVCTS net, potentially hitting nearly 300,000 homes.
LATEST ARTICLES
‘There is no algorithm for this’: Abrahmsohn on AI, estate agency & the art of the deal
Glentree boss on why the latest tech can crunch the numbers, but still can’t read the room.
How super-prime apartments played a key role in London’s £1bn Peninsula
HSH’s accounts reveal just how important the luxury resi element became to the landmark Hyde Park Corner project.
New homes specialist returns to Savills
Resi development sales consultant rejoins after three years with other agencies.
Rare 1740 Soho townhouse seeks new owner
Boutique agency brings 3,400 sq ft slice of old London to market.
Reuters cuts UK house price forecasts; London tipped for 1.4% fall
Property pundits have downgraded their expectations for the UK housing market.