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Post-lockdown surge in property demand likely to be ‘short-lived’, warns Zoopla
"Active engagement" with property listings has jumped to exceed pre-lockdown levels by some 20%, reports Zoopla - but more than four in ten would-be buyers say they have put moving plans on hold...
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Post-lockdown property market bounce ‘may quickly run out of steam’, warns the RICS
Sales activity has "rallied noticeably" since May, report surveyors.
By PrimeResi
‘Acute’ property stock shortage to continue into 2022 – Zoopla
“The post-pandemic ‘reassessment of home’ has further to run," says Zoopla, as the UK's property market faces its "greatest stock shortage since 2015."
By PrimeResi
‘No sign of a slowdown’ as Zoopla predicts 2-3% property price growth this year
The average "time to sell" a home has fallen by almost two weeks (31%) since lockdown restrictions were lifted, compared with the same period 12 months prior.
By PrimeResi
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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.
By PrimeResi
Foxtons warns of sharp profit drop; prepares for ‘a prolonged lower transaction volume environment’
Estate agency says 'trading has been adversely impacted by the prolonged downturn in the sales market, as well as short-term volatility in the lettings market.'
By PrimeResi
Branded residence boom hits new heights as $200mn Aman penthouse finds buyer
Unfinished Beverly Hills residence is reportedly under offer at more than five times LA's current condo sales record.
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.
By PrimeResi
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.
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.
By PrimeResi
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'.
By PrimeResi
Savills: Prime landlords reassessing rents as costs mount
Many are reviewing rental values and adjusting portfolios in response to growing regulatory, tax and borrowing pressures, says agency.
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