Forecasts
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
One in five new UK homes could be built using MMC by 2030
Modern Methods of Construction (MMC) could help to kick-start the post-pandemic building industry around the world, predicts Savills, while delivering more energy-efficient homes more quickly and more…
Liam Bailey: Where next for UK residential transactions and prices?
Knight Frank's global research chief explains the thinking behind the firm's latest set of forecasts, released today, which have been downgraded in light of the longer lockdown period...
How Covid-19 will reshape what prime UK home buyers & sellers want
The Covid-19 crisis could drive a "rural renaissance", reports Savills, as affluent househunters shift their priorities in light of the Coronavirus lockdown.
Lloyds predicts a 5% fall for house prices this year
Major mortgage lender Lloyds and top-end buying agency Black Brick are both predicting a fall for property values as a result of the Coronavirus pandemic.
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...
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.