Resi investment set to breach £4.4bn record high this year

Residential real estate has shifted from an alternative to a core asset class in the eyes of investors, says Knight Frank, as record amounts are pumped into the sector.

HMRC recorded 55% fewer residential property sales in June this year compared to last; it's the slowest June in nine years.

“Property’s reputation as an inflation-hedge gives it extra appeal, while the prospect of rising borrowing costs is injecting a degree of urgency into the market across all price points,” says Rory…