Prime property stock shortage looms across Europe
“The strong sales rates we’ve seen in the last 12 months have been driven almost entirely by domestic buyers," says Knight Frank; "once borders reopen and cross border transactions normalise, we expect stock levels to reduce further."
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‘Cities are springing back to life’: Super-prime property sales surge around the world
"We expect super-prime sales to end 2021 on a high," says Knight Frank, as it flags a significant jump in US$10m+ deals across seven major global wealth hubs so far this year.
Paris predicted to lead global prime property price growth in 2020
Knight Frank flags nine global prime resi trends to monitor in 2020, while picking which prime global cities are likely to see rising house prices in the coming year - and which are set for price falls.
How Covid-19 is affecting prime property markets around the world
Savills has surveyed 50 of its top people in property markets around the world to gauge levels of buyer and seller pessimism and positivity, and assess how the Coronavirus pandemic is changing the residential…
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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.
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.'
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.
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.
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'.
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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Green light for major new East London resi tower
Patel Taylor-designed project will replace an ageing office building with 820 homes overlooking South Dock.
Latest Forecasts: Knight Frank predicts stronger growth across global prime markets
Brighter conditions expected across the world's top luxury housing markets in 2027, with Asia leading the pack, Milan outperforming in Europe - but London still under pressure.
Industry Reactions: Annual house price growth slows to 2.7%
Latest official data shows the national annual rate of property price inflation fell sharply in May. 'The market is holding steady rather than collapsing,' comments one London estate agent.
St John’s Wood mansion trades in £29mn deal
Latest NW8 mega-deal revealed in official records.
Moveli recruits another senior agent from Hamptons
Self-employed agency has tripled its broker count in the last two years.