Savills forecasts a 7.5% drop for house prices this year, with transactions down by a third
Savills is standing by its pre-pandemic five-year forecasts, despite anticipating a major slump in 2020.
UK house prices likely to drop 13% this year as incomes tumble, predict economists
A looming "shortfall in incomes has a tremendous potential to disrupt the UK’s housing markets", warns the Centre for Economics & Business Research.
By PrimeResi
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
By PrimeResi
Deutsche Bank predicts a 20% slump for UK house prices
Everyone agrees that transaction volumes will plunge, but opinions are divided over the impact of the Coronavirus on property values...
By PrimeResi
Companies in this article
SavillsMost read
Mapped: Comparing values & performance across Prime Central London
From Bayswater to Westminster, this is how London’s top neighbourhoods are stacking up in 2025.
Knight Frank launches new Windsor office
Agency looks to boost presence in the Home Counties with latest addition to its network.
Rumourmill: Treasury considers Mansion Tax with CGT on high-value homes
The Chancellor is reportedly looking into charging Capital Gains Tax on top-end homes, and/or the prospect of an annual levy on the most expensive properties.
By PrimeResi
Prime Purchase recruits well-known Home Counties buying agent
Mark Crampton has returned to the Savills-owned buying agency.
By PrimeResi
Ranked: The cost of buying, owning & selling a $2mn property around the world
New research goes beyond the listing price to reveal the true cost of a high-value residence, from Singapore to London.
Rumourmill: Reeves mulls new property levy to replace stamp duty
Treasury said to be weighing charge on £500k+ homes, with council tax overhaul also on the table.
In Pictures: Residence One project in Knightsbridge ‘sets a new benchmark for mews living’
Reworked freehold property on Ennismore Gardens Mews is being pitched at £8.35mn.
Savills hires ex-Strutts director to head Guildford resi sales
Ed Boden previously spent eight years at Strutt & Parker, where he ran the South Kensington and Chelsea branches.
Savills names new head of global residential development consultancy
Branded residences specialist Louis Keighley has stepped up to lead the London-based division after nine years with the firm.
Landmark Westminster office block with development potential sells for £245mn
Queen Anne's Mansions is currently home to the Ministry of Justice; its new owner is 'exploring all potential avenues for the site’s future.'
By PrimeResi
LATEST ARTICLES
‘Surprisingly resilient activity’ in PCL as agency reports super-prime hat-trick
Savills recently completed three deals worth a combined c.£50mn within 18 days, including significant residences at The OWO and The Whiteley.
By PrimeResi
From Boom to Balance? Inside Dubai’s ‘maturing’ luxury property market
As buying activity climbs to new record levels, research from Knight Frank & Savills explores Dubai's meteoric rise to the top of the global super-prime arena.
By PrimeResi
Rosewood uncorks luxury resort & branded residences in California’s wine country
Expanding hospitality firm unveils plans for its next five-star hotel-and-homes venture.
Global luxury rental markets ‘stabilise’ after slowdown
Prime rental prices in 16 world cities ticked up again in Q2, reports Knight Frank.
By PrimeResi
London rental supply has ‘improved materially’
'The London lettings market remained red hot in July,' says Foxtons, although price inflation 'remains measured'.
By PrimeResi