Forecasts
‘The economic consequences from the Covid-19-induced recession will pull the housing market from its long-term growth trajectory’ – Hamptons
2021 will be "challenging", but estate agency brand Hamptons International expects the national average property price to end this year higher than it started it, despite Covid-19 and Brexit, and to climb…
What does the future of the prime residence look like? Exploring the impact of Covid-19 on luxury property development
Knight Frank has looked into how Covid-19 is accelerating design trends and impacting housing delivery, suggesting some key evolutions for the future of the global prime residence.
Transaction numbers likely to end the year 15% down, predicts Knight Frank
"This does not feel like a re-run of 2008/09 for the UK property market," says Knight Frank, as it forecasts minimal property price drops against a complex economic backdrop.
Strutt & Parker stands by 2020 property price forecasts, despite plunging transaction numbers
Average UK house prices are likely to drop by anything from 1% to 7% this year, predicts Strutt & Parker - although the short-term impact "could be much gloomier" in some parts of Prime Central London.
Lloyds downgrades house price forecasts, again
Lender’s base case scenario now shows a decline of 6% for this year, instead of the 5% being forecast in April.
OBR revises housing market forecasts in light of Covid-19
Three scenarios for house prices and transactions volumes over the next five years have been presented by the Office for Budget Responsibility - an Upside, a Central, and a Downside.
Post-lockdown buyer surge prompts agency to reconsider forecasts
More positive noises from the front line as Chestertons reports a 46% jump in new applicants and takes another look at its price predictions for 2020;
PCL’s ‘overdue’ return to growth has been delayed to 2021, predicts Savills
Revised five-year forecasts suggest more muted price inflation in Prime Central London, following the Covid-19 crisis.
Reuters poll: UK prices to fall by 5% in 2020, before gradual recovery
Panel of pundits predict rises of 1.5% in 2021 and 3.5% in 2022
Savills revises rental growth forecasts down
Rental yields are likely to be lower in 2024 relative to today, predicts Savills.
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.
‘We might see Hampstead Garden Suburb become fashionable again’: Buying agency predicts post-lockdown demand shifts
Leafy locales of SW London & mansion-strewn lands north of Hampstead Village tipped for a boost at the expense of PCL apartments, as buyers weigh up location vs green space in the post-pandemic era