‘Rebalancing begins’ as prime London’s property market catches up with country house performance
Knight Frank and Savills have both flagged a revival for central London's property market in the opening months of this year. Prices are rising, buyer activity is up, and supply is picking up faster than in other parts of the country, as the back to work trend continues...
Prime London’s property market hits a ‘sweet spot’ as buying activity picks up
"The prime London property market is in a sweet spot," declares Knight Frank's research team, as buyer demand bounces back and the supply of homes available to buy picks up.
Super-prime property sales hit record highs in London
“London’s super-prime markets stellar end to the year is evidence of the influence that the pandemic-fuelled desire for more space has on residential markets," says Savills.
‘Vintage year’ for the prime country house market as top-end prices surge 20%
“I’ve never known a time like it in 30-plus years," says Rupert Sweeting, head of national country sales at Knight Frank.
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Dubai, New York, Geneva and Paris are likely to see top-end residential values rise next year, but other international wealth hubs could see prices fall.
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Ranked: Britain’s most expensive streets in 2024
Lloyds Bank's annual rundown names Knightsbridge as the UK's priciest address, with last year's title-holder Grosvenor Square falling to third place.
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