Property demand drops by nearly a fifth
Estate agencies report 19% fewer house-hunters registered per branch in January 2019 compared to January 2018.
Buyer demand bounced back immediately as the property market reopened
Rightmove points to some big potential changes in the post-pandemic property market, as many people "re-appraise their housing needs".
By PrimeResi
Property demand ‘nears a seven-year low’ as ‘buyers approach the market with caution’
There was an average of 252 would-be buyers registered per estate agency branch in February, according to the NAEA. That's 18% fewer than a year ago, and 46% fewer than in 2016.
By PrimeResi
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...
By PrimeResi
Most read
High-end brokerage adds trio of PCL specialists
United Kingdom Sotheby’s International Realty bolsters London sales team with more senior hires.
Chestertons appoints new Mayfair Sales Director
Elliot Fensom has been given a flagship Prime Central London role after a spell as the estate agency's 'Roaming Sales Manager'.
By PrimeResi
Luxury housebuilder seeks financial support after ‘challenging year’
45-year-old firm specialises in delivering high-end family homes in London and the Home Counties.
Knight Frank trims house price forecasts for 2025
But Tom Bill's team has upgraded its outlook for prime London property price growth over the next five years.
By PrimeResi
Expert Views: Property industry insiders on the government’s latest leasehold reform plans
Lawyers & leasehold specialists weigh-in on a big update on leasehold reform - including that the 'two-year rule' for leasehold extensions ends in January
By PrimeResi
London Square signals high-end ambitions with debut PCL scheme
Aldar-owned property developer prepares to launch 'flagship' Westminster Tower project as part of new focus on luxury resi.
Contractor signed for super-prime St John’s Wood Barracks scheme
Multiplex is aiming to complete shell & core works at Sir George Iacobescu's St John’s Wood Square development by the end of 2026.
By PrimeResi
Beauchamp recruits St John’s Wood lettings manager from Savills
Ziad Hijazi is now handling prime & super-prime rentals in north London for Gary Hersham's boutique estate agency.
By PrimeResi
£8mn penthouse sold in Covent Garden’s biggest deal of the year
3,000 sq ft duplex came with two private terraces overlooking the famous Piazza.
Storied Berkeley Square pied-à-terre seeks £6.5mn
Grand apartment building at No.48 has links to two British Prime Ministers.
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