Forecasts

‘Circumstances are conspiring to produce an active few months’, says Knight Frank.

UK property prices are likely to rise this year, says Knight Frank, as it follows other market-watchers in revising up forecasts.

Most surveyors expect property sales activity to pick up in the coming months, thanks to Budget certainty and the easing of national lockdown restrictions.

“Prime Central London offers a real buying opportunity" this year, says Savills, as it predicts >20% price growth over the next five years.

The UK housing market will continue to defy predictions of a slump, says Bloomberg Intelligence, but the longer-term outlook 'remains uncertain'.

The Office for Budget Responsibility is rather more bullish on house price inflation and transaction numbers than in November...

As expected, Chancellor Sunak has extended the Stamp Duty holiday for a few months, taking a sensible (albeit steep) tapered approach to avoid the hard cut-off that's caused so much angst over the last…

Lloyds Banking Group predicts that average property prices will fall by 3.8% by the end of 2021, with a downside risk warning of negative growth until at least 2024.

2021's property market  is likely to be "less of a roller-coaster ride" than 2020, suggests Knight Frank, as the firm stands by its forecast of 0% growth for UK house prices in the year ahead.

Strutt & Parker is now predicting that PCL prices will rise by up to 5% this year, having previously anticipated a drop of up to 5%...

The latest Reuters poll of property market pundits predicts 0% growth for average London and UK property prices in 2021.

The Knight Frank team shares its take on the big themes in residential property development in London for the year ahead, from the rise of homeworking and wellbeing to retail conversions and mixed-use…