Sales hit three-decade high in revived Manhattan market
'Rising vaccine adoption, low mortgage rates and improving economic conditions' are being cited as the key driving factors behind the turnaround.
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High-end sales soar in Manhattan
Last week's tally of 38 contracts signed above $4m was ‘spectacular by any standard’, says Olshan Realty
Market Snapshot: New York reaches new heights as exodus goes into reverse
After a record year in 2021, prime prices in Manhattan are tipped to rise by another 5% in 2022, despite the dual headwinds of rising inflation and interest rates
Manhattan sees flurry of trophy home deals
A total of 16 $10m+ properties went into contract last week, reports Olshan Realty, the highest number since March 2013.
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Savills adds senior names in Notting Hill & Islington
Marsh & Parsons and Knight Frank alumni join the agency's prime London network.
By PrimeResi
Major agency reins in long-range PCL forecast
Strutts now expects cumulative growth of just 4.4% by 2030 - down from 9%-12% at the start of the year - but sees downward pressure easing in 2027.
In Pictures: Inside Oliver Burns Studio’s £21.25mn show apartment at The Bryanston
3,872 sq ft turnkey residence is the latest designer collaboration at Almacantar’s 54-unit super-prime scheme overlooking Hyde Park.
Reality check: will ‘mansion tax police’ really be inspecting homes?
There are significant issues with the roll-out of the incoming High Value Council Tax Surcharge, but recent headlines seem a bit excitable.
By PrimeResi
RBKC vs Westminster: What do the latest ONS numbers really tell us about PCL?
Westminster prices are apparently down by a quarter and RBKC by 15% - but the detail tells a rather more nuanced story.
Behind the Structure: Understanding ownership risk in prime residential property
Required Reading: Sanctions have raised the stakes when it comes to navigating complex ownership structures. Anthony Hanratty explains what prime property professionals should be looking for.
Grosvenor warns historic London homes could lose their appeal without planning reform
Great estate pushes for shake-up to help Mayfair & Belgravia properties cope with rising temperatures.
Council intervenes over future of one of Britain’s most important mansions
Buckinghamshire officials take formal action over deteriorating condition of historic Rothschild estate.
In Pictures: $157mn trophy estate emerges from ‘one of the most iconic renovations in Palm Beach history’
This newly-completed 27,000 sq ft waterfront compound comes with 15 bedrooms, a sunken clay tennis court, private theatre and boat lift.
‘Cost pressures are real but so is the opportunity’: The new economics of prime resi construction
Skills shortages, regulatory delays and the net-zero push are piling pressure on projects - but a repriced PCL market could work in developers’ favour, argues Ben Godfrey.
By Ben Godfrey
LATEST ARTICLES
Non-dom exodus could be costing Treasury £4bn a year, claims top wealth lawyer
Stephenson Harwood’s James Quarmby says it’s the wealthiest departures that matter - and warns they aren’t being replaced.
In Pictures: $157mn trophy estate emerges from ‘one of the most iconic renovations in Palm Beach history’
This newly-completed 27,000 sq ft waterfront compound comes with 15 bedrooms, a sunken clay tennis court, private theatre and boat lift.
What’s been selling under the hammer in 2026 – and what to expect in H2
Savills Auctions boss Robin Howeson runs through the firm's first-half numbers and explains why ‘certainty in uncertain times’ is keeping the auction room busy.
Weekly Showcase: Ten featured prime resi listings
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Supreme Court curbs technical challenges to Right to Manage claims
Failure to serve participation notices will no longer allow freeholders to defeat otherwise qualifying RTM claims, after the Supreme Court overturned a Court of Appeal ruling that lawyers said had handed…
By PrimeResi