Property sales falter as supply drought continues – RICS
“Unless this trend is reversed soon, transaction levels may flatline in 2022 with limited choice proving more significant than any shift in the interest rate environment for new buyers," warns the Royal Institute of Chartered Surveyors.
"It is encouraging that a little more stock appears to be returning to the market," says the RICS' chief economist
Property prices may prove "resilient" in the face of rising interest rates and costs of living, but transaction numbers are "likely to slow as the year wears on," warn surveyors.
CBRE's eighth annual "borough-by-borough" research report tracks property market, demographic and lifestyle trends across the capital.
Companies in this articleRICS
One prime estate agency has listed properties for sale in more than half of the nation's postcodes in the last six months, significantly out-covering any other brick-and-mortar firm.
Strutt & Parker's London new homes sales chief reflects on the big themes to emerge in the prime development sector lately, and the projects currently setting the tone in the luxury market...
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Charles Medina has moved from Savills to become a Director at Strutt & Parker in Mayfair and Marylebone.
Another major acquisition creates London's biggest estate agency network.
Jason Corbett's independent outfit, Rowallan Buying Agents, will focus on SW London and the Home Counties
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AGC is the the first British interior design collective to raise its social credentials with B Corp accreditation, joining the likes of Patagonia, The Modern House and The Portman Estate.
Housing secretary Michael Gove is bringing forward plans to reform England's "outdated" leasehold system
'A double-digit price fall does not exactly feel imminent', says Knight Frank, after recording some encouragingly high activity levels given the circumstances...
Property portal expects a ‘cautious mood’ to continue in the housing market until Easter.
Propertymark has flagged the big threats and opportunities facing estate agents and the property market in the year ahead...
Luxury hospitality giant's new boss flags branded resi as a major part of international growth plans.
If we all stopped in our tracks every time the papers rang a bell to call the onset of the next property crash, none of us would have bought homes since 1998, says buying agent Saul Empson...
By Saul Empson