Consumer sentiment is increasing towards more sustainable “green” homes, say Lucy Greenwood & Patrick Eve of Savills, but only larger homes achieve a “green” premium.
142 property sales above £5 million were recorded in Prime Central London in the first four months of this year, reports Savills, with a combined value of £1.42 billion.
People living in towns and cities tend to be more satisfied with their location than people living in rural areas, according to a major new study…
“Extreme market momentum will moderate,” predicts Zoopla, as more stock comes to market and buyer demand calms.
“There’s a supply crunch coming down the line in prime lettings markets this summer,” warns Knight Frank, while Savills tells of a “fundamentally undersupplied” market in the Home Counties.
“Although the impact of Covid-19 is undeniable, development in London has shown impressive resilience,” says New London Architecture after surveying skyscraper-building activity in the capital. “The development sector has already begun to recover well from the initial economic shock of Covid-19 restrictions.”
Nearly one in five (19%) affluent households around the world are looking to buy but not sell a property in the next three years, according to new research by Luxury Portfolio International, while only 6% are looking to sell but not buy.
Amenities, high-speed internet access and a good view top the wish list for people buying in France, Italy, Spain and Portugal, according to the latest research from Savills.
Beijing has overtaken New York as the world’s billionaire capital, according to Forbes.
Houses are selling three weeks faster than flats, reports Zoopla, as more buyers hunt for more space.
“The current excess of buyer demand over supply is the largest we’ve seen in the last ten years and suggests that this could be one of the best ever Easters to sell,” says Rightmove, as it tries to cajole more would-be vendors to take action.
New York is the top global city for the world’s wealthy, according to new analysis by research house Wealth-X, with “a significant lead” over other hubs. Los Angeles is in a distant second place, followed by London, Hong Kong and Paris.