Forecasts
CBRE upgrades UK house price forecast to positive territory
Major agency now expecting growth of 1% in 2024 in anticipation of 'modest' second-half recovery; London to outperform over the next five years with growth of 18.6%.
Savills upgrades UK house price forecasts, anticipating 2.5% growth this year
Lucian Cook's team now expects property values to rise in every region in 2024, with locations furthest from London holding the greatest 'capacity for growth' over the next five years.
Lloyds ups house price forecasts
Mortgage lender expects the Bank of England to cut interest rates three times by the end of this year.
Tom Bill: How much will mortgage rate hikes affect the UK housing market?
Borrowers are currently rolling off relatively favourable two-year fixed-rate deals agreed at the start of 2022, but the pain from higher rates will reduce as the year progresses, writes Knight Frank's…
OBR boosts house price forecast
Average UK house prices are likely to fall 2% this year and 0.4% in 2025, says the Office for Budget Responsibility, with a return to positive growth slated for 2026.
‘London offers the best outlook for residential real estate’ of any major European city, claim economists
'Fundamentals favour London as a residential opportunity,' says Oxford Economics.
Lloyds tweaks house price forecasts, anticipating ‘more modest’ declines in 2024
'We expect house prices to fall between 2% and 4% this year,' says Britain’s biggest mortgage lender.
In Numbers: How the PCL property market ‘weathered the storm’
JLL analyses Prime Central London's 'robust' performance in the face of recent challenges, and prognosticates what a 'feel-good' Budget could mean for the market.
Savills tips Sydney & Dubai for strongest prime price growth in 2024
The world's most established prime resi markets are likely to see property values fall this year, says Savills, as the firm predicts overall positive growth for its Prime Residential World Cities Index.
Charlie Ellingworth on the London & country markets: Not very exciting – but is that such a bad thing?
As January - and the traditional market forecast season - comes to an end, Property Vision's co-founder surveys the landscape, and looks at what the rest of 2024 might hold.
Cluttons declares ‘an end to house price falls’
Property firm issues an upbeat set of property price forecasts, anticipating 3.5% growth in London and 5% growth across the UK by the end of 2025.
£5mn+ property sales remain ‘well ahead of pre-Covid norms’ in London, despite sharp drop last year
Some £5.7bn-worth of luxury homes changed hands in London through 2023, reports Savills, despite a marked slowdown from the pandemic-era property boom.