Property transactions are likely to plunge by 60%, warns Zoopla
The property market "has not ground to a complete standstill" yet, says Zoopla, but demand is drying up, fall-throughs are escalating - and deal numbers are likely to sink dramatically in the coming months.
What to read next
‘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
Property market set for busiest year since 2007, on track for over 1.5 million residential transactions
Zoopla expects the total value of homes sold in the UK to reach £461 billion this year; that's 46% more than in 2020, and 68% more than in 2019...
By PrimeResi
Central London property transactions jump – but buyers remain ‘cautious & price-sensitive’
Winkworth has reported a 48% surge in central London buying activity (15% ahead of the five-year average), but still describes the market as "muted".
By PrimeResi
Companies in this article
ZooplaMost read
Savills adds senior names in Notting Hill & Islington
Marsh & Parsons and Knight Frank alumni join the agency's prime London network.
By PrimeResi
Major agency reins in long-range PCL forecast
Strutts now expects cumulative growth of just 4.4% by 2030 - down from 9%-12% at the start of the year - but sees downward pressure easing in 2027.
In Pictures: Inside Oliver Burns Studio’s £21.25mn show apartment at The Bryanston
3,872 sq ft turnkey residence is the latest designer collaboration at Almacantar’s 54-unit super-prime scheme overlooking Hyde Park.
RBKC vs Westminster: What do the latest ONS numbers really tell us about PCL?
Westminster prices are apparently down by a quarter and RBKC by 15% - but the detail tells a rather more nuanced story.
Reality check: will ‘mansion tax police’ really be inspecting homes?
There are significant issues with the roll-out of the incoming High Value Council Tax Surcharge, but recent headlines seem a bit excitable.
By PrimeResi
Behind the Structure: Understanding ownership risk in prime residential property
Required Reading: Sanctions have raised the stakes when it comes to navigating complex ownership structures. Anthony Hanratty explains what prime property professionals should be looking for.
Grosvenor warns historic London homes could lose their appeal without planning reform
Great estate pushes for shake-up to help Mayfair & Belgravia properties cope with rising temperatures.
Council intervenes over future of one of Britain’s most important mansions
Buckinghamshire officials take formal action over deteriorating condition of historic Rothschild estate.
In Pictures: $157mn trophy estate emerges from ‘one of the most iconic renovations in Palm Beach history’
This newly-completed 27,000 sq ft waterfront compound comes with 15 bedrooms, a sunken clay tennis court, private theatre and boat lift.
‘Cost pressures are real but so is the opportunity’: The new economics of prime resi construction
Skills shortages, regulatory delays and the net-zero push are piling pressure on projects - but a repriced PCL market could work in developers’ favour, argues Ben Godfrey.
By Ben Godfrey
LATEST ARTICLES
Non-dom exodus could be costing Treasury £4bn a year, claims top wealth lawyer
Stephenson Harwood’s James Quarmby says it’s the wealthiest departures that matter - and warns they aren’t being replaced.
In Pictures: $157mn trophy estate emerges from ‘one of the most iconic renovations in Palm Beach history’
This newly-completed 27,000 sq ft waterfront compound comes with 15 bedrooms, a sunken clay tennis court, private theatre and boat lift.
What’s been selling under the hammer in 2026 – and what to expect in H2
Savills Auctions boss Robin Howeson runs through the firm's first-half numbers and explains why ‘certainty in uncertain times’ is keeping the auction room busy.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Supreme Court curbs technical challenges to Right to Manage claims
Failure to serve participation notices will no longer allow freeholders to defeat otherwise qualifying RTM claims, after the Supreme Court overturned a Court of Appeal ruling that lawyers said had handed…
By PrimeResi