Forecasts
Currency Matters: Why is GBP struggling to get going again & what does it mean for prime property?
With no end in sight for the current uncertainty, David Huggett explores the important relationship between currency and real estate markets.
Knight Frank heralds ‘relative resilience’ as it cuts global prime resi forecasts
After a challenging run of economic strife and escalating interest rates, Knight Frank's research team has revisited property market predictions for 26 prime global cities in 2023 and 2024.
Savills: On forecasting in an ever-changing property market
One of the property sector's top research teams pulls back the curtain on the tricky business of making market predictions, as they warn of "some further price adjustments to come."
Lloyds reins-in house price slump expectations
Lloyds Banking Group now expects average UK house prices to end 2023 5.6% lower than they started the year, with a 'best case scenario' of -3.3% and a 'severe downside scenario' of -9.3%.
The number of retiree renters is set to double by 2030 as home-ownership rates ‘unwind’
Hamptons warns of 'significant social, economic and political consequences' thanks to an ageing population and a generational shift away from home ownership.
Economists predict ‘mild house price correction’ across Eurozone
European house prices fell again in Q1 2023, but at a slower pace than in Q4 2022.
‘We are beginning to see clear signs of a rebound in Prime Central London’: Strutt & Parker flags resurgent property market
'Regained optimism signals a spring rally' for prime property markets in and around London, says Strutt & Parker, as the estate agency stands by its 2023 house price forecasts despite a turbulent economic…
Major bank expects UK house prices to fall 10% this year
Santander has reported a 37% drop in mortgage applications in the last quarter.
Selling season could be a damp squib this year
Fresh options for London buyers will be limited in the coming weeks, warns major agency, after recording a 17% drop in new vendors entering the market.
OBR downgrades housing market forecast: prices set to fall by 10%; transactions by 20%
"Low consumer confidence, the squeeze on real incomes, and the expectation of mortgage rate rises to come are expected to contribute to continued falls in house prices and a reduction in housing market…
Where Next? The prime global cities tipped for strong property price growth in 2023
Knight Frank's Kate Everett-Allen assesses what lies ahead for the world’s top luxury residential markets, and highlights the key trends set to shape their performance.
Why the UK’s housing slump may be ‘less painful’ for the wider economy than last time
Capital Economics expects house prices to fall by 10-15% - but the impact on the wider economy may not be as severe as in previous property market downturns...