Estate Agency News
Estate agents have 12% more house-hunters on their books compared to last year
NAEA members managed to agree an average of five sales per branch in May.
Countrywide reveals lockdown impact & bounce-back performance
"Early trading indicators in England are encouraging and we expect a similar bounce back in Wales and Scotland," says Countrywide's Board ahead of the Plc's AGM
Prime London prices dipped by 1.1% in Q2, but house values have held up as buyers ‘reassess their needs’
"We have been surprised at the extent to which lockdown has made people reassess their housing needs and, more pertinently, act upon it," says Savills.
The property market’s post-lockdown surge ‘has continued into its sixth week’ – but how long will it last?
Knight Frank has just recorded its biggest ever week for offers accepted.
Gary Hersham on mega-deals, expansion plans & the future of luxury real estate
INTERVIEW: A titan of the super-prime scene, Gary Hersham has been brokering mega-deals for the last four decades - and remains the first port of call for many of the world’s wealthiest househunters. P
New Head of Residential for Carter Jonas in York
Rachel Macpherson has stepped up to run the York team after a successful career in Prime Central London.
Rising sales supply leads to ‘more sustainable market conditions’ – but ‘the recovery is still fragile’
New sales instructions have increased by 16%, says Knight Frank, as supply catches up with post-lockdown demand.
Activity returns to global property markets, but there’s a ‘disconnect’ between buyers & sellers on pricing
Residential property activity in China "has largely returned to normal" after two or three months out of lockdown, reports Savills
Yopa reports a ‘seismic shift’ in the market & its fortunes since lockdown
Hybrid estate agency Yopa has just seen its strongest ever start to a month, with "a whopping month-on-month increase" in registered buyers and a 67% increase in instructions.
Estate agency directors disqualified over price fixing cartel
Two agency bosses have been banned from a running a company for six-and-a-half years, after a CMA investigation found that they had conspired to fix commission rates for nearly seven years.
Can estate agencies survive the unfurloughing of wage bills?
The Government's furlough scheme is supporting the property industry to the tune of over £120 million a month, says Rayner Personnel.