Propertymark predicts ‘further price corrections but only in the short-term’ as home-buyer demand dips
Deal numbers jumped but new buyer registrations fell back in February, reports estate agency trade body.
‘The vast majority of properties are selling below the asking price’ – Propertymark
September data from estate agents 'points to a pricing correction despite average house prices continuing to rise'.
London’s rental market is ‘normalising’ as supply rises & demand dips
'Landlords must adapt' to new marketing conditions, warns Foxtons, while Chestertons suggests London landlords have 'little option but to start reviewing their prices.'
‘Asking prices are still too high’, says Propertymark
Housing market activity is slowing down as seasonal trends re-emerge, says the estate agency trade body.
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In Pictures: £24.75mn show apartment unveiled at luxury Mayfair scheme, 60 Curzon
A flurry of sales have been finalised at the Art Deco-influenced project in recent months.
Luxury agency UK Sotheby’s International Realty launches property buying arm
The London-based brokerage has already signed up private clients with a combined £300mn to spend on high-end homes in 2025.
Big-ticket townhouse sale completes in Marylebone
Buyer exchanged on 'incredible' mixed-use proposition, listed at £22.5mn, just before the Budget.
High-flying agent joins Harding Green in Clapham
Catherine Wilson previously worked at Douglas Elliman in New York, and ran sales for the King's Cross & Battersea Power Station developments in London.
Buying agency flags ‘window of opportunity’ for house-hunters
It's shaping up to be a busy winter season for the property market, suggests Recoco.
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
Ending non-dom tax breaks has cost £140mn in ‘lost’ Stamp Duty revenue, claims agency
Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.
Foreign buyers shift focus in UK property market amid changing trends & taxes
The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.
Global sports star nets Bugatti-branded penthouse
Developer Binghatti reveals A-list buyer at latest ultra-luxe project in Dubai.
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Estate agents report another rise in agreed sales
Propertymark expects home buying & selling activity to 'accelerate over the coming months moving into 2025.'