Prime resi markets helped Savills perform ‘ahead of expectations’ in 2022

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The prime residential sector 'undoubtedly continued stronger for longer than we originally anticipated and helped mitigate the effect of volume declines in commercial transaction activity' through 2022, says Savills.

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"The UK prime residential market continued to perform exceptionally strongly through the last quarter," says Savills, "and volumes in the Prime Central London market clearly began to improve.
News

Savills has restructured its global residential development consultancy department, adding two new senior faces to focus on branded residential projects.
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'It will be hard to match the strength of the conditions witnessed in 2022,' says estate agency boss, Dominic Agace, but Winkworth is 'less downbeat than the consensus on the outlook for prices' in 2023.