PCL vendors held back in Q4, but activity is now likely to pick up
It was a subdued end to the year for Prime Central London's property market, reports Knight Frank in its Q4 sit rep, with 17% fewer £1m+ properties listed for sale in November 2019 compared to the same month in 2018. Price growth is likely to remain muted in the short term, predicts the team, but sales activity is likely to pick up...
PCL sales are up 85% compared to last Summer – Dexters
"All the activity we are currently seeing gives us every confidence about the outlook for the Prime Central London property market," says Dexters. But others are less bullish.
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.
Under offers piled up as the lockdown halted prime London’s property market recovery
Nearly a third (30%) more London homes were marked as "under offer" at the end of March compared to the same time a year ago, according to LonRes data mined buy Coutts bank, as deals piled up under the…
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