The 20th annual RICS & Macdonald & Co Rewards & Attitudes Survey polled nearly 3,500 UK property professionals on their rewards and motivations, views on market sentiment and talent management issues; here’s how they responded…
The average value of a home rocketed by 100% within five years of 1974, 1980, 1989 and 2004; it took 16 years for the same growth to be recorded to the end of 2018.
New research by Butterfield Mortgages lambasts ‘tick box’ methods of high street lenders
‘Prime residential real estate values are settling into a pattern of slower, steadier price growth,’ says Savills, ‘and we do not expect to see a repeat of the double-digit annual price growth seen pre GFC.’
The UK real estate industry’s gender pay gap has narrowed in the last year, but ‘disappointing’ and ‘worrying’ figures from the latest salary survey by the RICS and Macdonald & Co reveal that men in property are paid far more in bonuses than women.
The value of ‘passion assets’ – including whisky, art, classic cars and jewels – climbed by 9% last year, according to the latest Knight Frank Luxury Investment Index.
Tenants across the country are looking for pet-friendly homes with parking, says Zoopla, while Londoners would like to rent a property that also offers some outside space and access to a gym.
Monaco, Hong Kong, New York and London are the most expensive cities per square metre in the world, says Knight Frank.
Residential property prices in the world’s top 100 city and second home markets increased by an average of just 1.3% in the last year, according to Knight Frank’s Prime International Residential Index.
“Despite a darkening economic outlook, wealth creation will remain a constant in 2019,” predicts Knight Frank in its new Wealth Report. “The global UHNWI population is forecast to rise by 22% over the next five years, meaning an extra 43,000 people will be worth more than US$30m by 2023, this is a remarkable performance in the expansion of wealth across the world.”