Forecasts

Top investment bank Morgan Stanley has gone a step further than JLL's recent forecast downgrade, arguing that high-value new-builds in London are likely to see price drops of up to 20% this year.

Weakened demand has prompted JLL to significantly downgrade its forecasts for central London's resi development market.

The number of UK properties worth at least £1m is expected "to more than triple between now and 2030", says Santander Mortgages, rising from under 500,000 today to over 1.6 million in 15 years' time.

As another new year looms large, the residential industry’s leading pundits and analysts are unanimous about one thing: the property market is fragmenting, with micro-markets emerging in various locations…

It's been a tough 12 months for the high-value residential property industry, with a General Election cleaving the year in two, fallout from a major overhaul of the stamp duty system quashing activity,…

The Royal Institute of Chartered Surveyors has bumped its property price forecast for 2016 up from +4.5% in November to +6% in its latest housing update.

UK House prices are expected to rise by 4.5% per annum over the next five years, delivering a cumulative increase of around 25% according to the latest from RICS. RICS Forecasts

UK house prices will grow by 20.3% over the next five years, predicts Knight Frank, with prime central London bouncing back after a slow 2016 to deliver +20.

The future looks pretty bright for property prices - as long as you're not banking on central London performance - says Savills in its big round of forecasts.

A strong and stable domestic economy will underpin the UK housing market over the next five years, says JLL in its latest batch of forecasts, while London looks set to come under increasing pressure.

There is "little scope for significant value uplift next year" at the top of London's market, says Savills, as it casts an eye over what the coming five years may hold for property prices.

The Royal Institute of Chartered Surveyors has amended its forecasts for this year to reflect higher price growth and lower transaction levels.