PCL property prices set to rise by 20% over the next five years in a ‘permanent departure from the historic trend’
Prime resi market risks "have been overplayed", says Savills in its revised five-year forecasts - but there'll be no price growth in prime London in the next two years
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PCL property prices set to rise 5-10% in 2022, predicts Strutt & Parker
National estate agency Strutts is forecasting price growth of between 20% and 35% by 2025 across the UK, and somewhere between 15% and 35% over five years in Prime Central London.
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
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