‘Remarkable buyer & seller confidence prevails’ – OnTheMarket
An inevitable rebalancing of supply and demand "will take time", says property portal. Until then, "the ‘new normal’, an elevated version of the pre-pandemic market continues."
‘Buyer demand remains unseasonably high’ – Zoopla
It's been a busy start to the year for the property market, with some 30% more sales agreed in Q1 than in pre-pandemic times.
‘House price growth may start to tail off’ in the next few months, says OnTheMarket boss
The average asking price of a property listed for sale outside London on OnTheMarket in December was £364k, up 3.7% from the same month last year. Within Greater London, the average asking price was £1.0
‘The ball is still firmly in the seller’s court’ as the Spring property market kicks in
"Buyers are still predominantly paying asking price and above meaning the ball is still firmly in the seller’s court," says Propertymark in its latest monthly market update.
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Revealed: London’s ‘most desirable neighbourhoods’
Savills has used socio-economic and health data from the Census alongside house price records to rank the capital's top enclaves for prime and super-prime property buyers.
Construction starts on REDD’s ‘ultra-luxury’ Kensington Palace Gardens project
Grade II* listed London mansion is being transformed into a set of top-end apartments by a world-class team.
Deal sealed on ‘exquisite’ £27.5mn Clarges Mayfair apartment
Knight Frank secures sale of extra-special dual-aspect unit in 'iconic' super-prime scheme opposite Green Park.
Regal ‘repositions’ as expansion plans take shape
Resi-led developer creates new brand portfolio to support 'increasingly diversified' strategy
Mayfair mews project secures £6.5mn loan
Developer plans a 'transformative' redevelopment of the house on Mount Row, funded by a big-ticket loan from CapitalRise.
Historic Cadogan Place building available for the first time in 60 years
Freehold property, currently arranged as flats, is a 'gardener & historian's dream'
Agency lists Westminster townhouse at £11mn after virtual valuation
Super-prime property near Buckingham Palace is 'one of the most expensive houses ever to reach the market without a physical valuation'
In Pictures: Handelsman’s Manhattan Loft Gardens penthouse seeks £17.5mn
Visionary property developer's 40th-floor home 'is a rare gem in the London luxury property market that stands out thanks to its awe-inspiring views and unique architectural brilliance,' says Becky Fatemi…
Prime London’s top-end outperforms in ‘slow’ spring market
The £5mn-plus market has been the most active prime London sales sector since 2021, reports LonRes.
Harding Green signs up former Savills director
Dominic Barry will be covering East Dulwich as a self-employed broker.
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Super-rich buyers circle as Caudwell’s £2bn Mayfair scheme takes shape
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CoStar to acquire digital visualisation firm Matterport
OnTheMarket owner agrees to buy leading virtual tour tech firm.
Price growth in prime country market turns positive
Prices ticked upwards by 0.3% in the first quarter of the year, the first positive quarterly growth seen since June 2022
Australian luxury property big-hitters team up with former Knight Frank partner for new private office venture
Based in the Asia Pacific and the Middle East regions, Origin Private Office has already transacted on over US$100mn worth of prime property, and is advising on a branded resi development project.
Martin’s Properties adds Senior Development Manager for £35mn investment drive
'We have been patient throughout the last phase of the economic and property cycle and are now actively looking to deploy capital into development activity in order to capitalize on the next phase,' says…