Main image: Sales in Kensington are up
PCL deal numbers sink to a paltry 70 per week
Transaction volumes in the most expensive postcodes are now running at below the levels seen during the Global Financial Crisis, according to LCP; investment firm predicts further branch closures as estate agencies struggle to survive
PCL’s property sales slump ‘may reverse in coming months’
Knight Frank highlights the possibility of an imminent property sales surge in prime London, as pent-up demand continues to build.
By PrimeResi
Prime Central London transaction numbers hit a record low, claims new property index
London Central Portfolio launches a new property index; reports that England & Wales has just seen the biggest quarterly fall in property prices since the global financial crisis
By PrimeResi
PCL prices fail to stabilise; volumes continue to slide
Prime Central London transaction levels are now almost 50% lower than they were five years ago, reports Strutt & Parker, while prices ended 2018 at the lower end of the forecast;
By PrimeResi
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Park Modern’s £60mn penthouse finds a buyer
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London’s prime rental market has slumped, but there’s a super-prime bright spot
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Call for urgent demand-side stimulus as worst-case risks emerge for London’s new-build pipeline
Industry analysis flags risk of sharp slowdown and potential developer exit as existing projects near completion.
Ibiza & London design studio expands into the Cotswolds
Kit Maplethorpe & Alex Hancock’s Bloom Studio says demand has been rising for turnkey design services beyond the capital.
Prime London transactions set for spring uplift, but supply still stronger than demand – Knight Frank
Latest data shows offers accepted rose last month, but new buyer numbers were below the five-year average - and prices are still under pressure.
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