Early signs that ‘escape to the country’ momentum is peaking, says Knight Frank
The pace of country house price growth appears to be slowing – but demand continues to outpace supply by some margin.
Tag: Property Market News
Prime London rents soar as stock levels slump by 68%
Those looking to renew a rental agreement or search for a new property ‘may be in for a shock’, warns LonRes…
Demand for ski property jumps, pushing prices in one resort up by 17% in a year
“This year has been an anomaly. We don’t expect this frenetic pace in Swiss resorts to continue,” says Kate Everett-Allen in Knight Frank’s new Ski Property Report.
Mapped: Which global property markets are most at risk of a bubble?
London property remains overvalued, says UBS, but the UK capital is near the bottom of the bubble-risk table this year.
Chinese house prices dip for the first time in six years
Policy measures imposed to cool a runaway property market appear to be working in China – perhaps too well…
London property prices rise at fastest rate since 2016 – UK HPI
The latest official UK House Price Index tells of 10.6% inflation in the year to August. London was the slowest-growing region for the ninth consecutive month, despite the capital seeing the highest annual increase in more than five years.
‘Full house’ as asking prices hit record highs in every region & market sector
Every region and market sector saw asking prices rise to a record high last month, reports Rightmove; it’s the first “full house” since 2007.
Students outpace corporate tenants in rental market ‘sprint’
With supply levels running so low, ‘frustrated’ companies are having to consider outer-lying parts of the capital and alternative options to house their employees, reports Knight Frank.
Infography: How far will £1m stretch in & out of London?
London’s average £1m home is only a third (36%) bigger than the overall average-sized home in the capital, says Savills. Buyers would get an average of 70% more space if they looked beyond the M25.
The Great Recalibration: Is the rebalancing of London and regional property markets here to stay?
The number of £1m+ homes outside of London grew by 95,500 in the 18 months to June 2021, while in London, they rose by less than a fifth of that figure. Lucian Cook looks at whether this was a one-off or part of a more permanent rebalancing.
The total value of British homes has climbed by £1.6 trillion in the last five years
A sharp acceleration in property price inflation means that the combined value of British homes has climbed by £550 billion (a third of the total five-year increase) in just the last 12 months, according to Zoopla’s automated valuations.