Property Market News Archives • PrimeResi

News

London

Busiest prime London market since 2014, with 61% more £5m+ deals than in 2019

23rd Jul 2021 07:16

The top-end of London residential sales market has just enjoyed its strongest first half since 2014, reports Savills, with 59% more £5m+ transactions recorded in the first six months of this year compared to 2020, and 61% more than in H1 2019.

News

London

Knight Frank upgrades global prime price forecasts again

21st Jul 2021 07:15

by PrimeResi

Luxury property price inflation is likely to return to London with gusto next year, predicts the Knight Frank team.

News

International

World house prices are ‘overvalued by around 10%’, warn economists

21st Jul 2021 07:14

by PrimeResi

We’re in one of the biggest global property booms since 1900, says Oxford Economics, as it warns that “the longer a housing boom continues, the bigger the risk of a large reversal”.

News

Asking prices climb to another record high as the property market sees its busiest ever H1

19th Jul 2021 06:20

by PrimeResi

House prices are being inflated by “frenzied” buying activity and a continued shortage of properties being listed for sale. There’s a 225,000 shortfall of homes for sale, estimates Rightmove; 140,000 more sales were agreed in the first half of this year, and 85,000 fewer new listings were marketed than the long-term (2014-2019) average.

News

London

Asking rents hit a record high outside London, as city centres start to recover

15th Jul 2021 07:55

by PrimeResi

Rental properties are finding tenants faster than ever before, reports Rightmove, as record demand pushes price up.

News

House price inflation picks back up to 10% – UK HPI

15th Jul 2021 06:01

by PrimeResi

London continues to be the UK region with the lowest annual growth, for the sixth consecutive month.

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National

Regional house price movements over the last year ‘are almost a complete reversal of both the 5-year and 10-year trends’ – Garrington

14th Jul 2021 06:10

by PrimeResi

News

National

Most buyers & sellers expect to move within three months – OTM

13th Jul 2021 09:08

by PrimeResi

84% of property sellers expect to sell their home within the next 90 days, according to the inaugural OnTheMarket Sentiment Index, while 75.5% of buyers expect to find their next home within the same timeframe.

News

London

Central London rents likely to recover to pre-pandemic levels within a year – Hamptons

12th Jul 2021 07:54

by PrimeResi

Average rents in central London have fallen by 16.5% in the last year, but “it appears that late spring marked the bottom of the Inner London market,” says Hamptons, as its latest rental index confirms reports from Knight Frank and Savills.

News

National

House prices likely to rise further as supply falls again – RICS

8th Jul 2021 06:56

by PrimeResi

Faltering supply continues to underpin house price inflation across the UK, reports the Royal Institute of Chartered Surveyors.

News

International

Urban house prices around the world are rising at their fastest rate since 2007

7th Jul 2021 06:37

by PrimeResi

43 of the 150 global cities tracked by Knight Frank have seen prices escalate by more than 10% over the last year, with five above 25%.

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London

FT: The game changers in London’s luxury property market

5th Jul 2021 06:02

by PrimeResi

George Hammond has taken a tour of Christian Candy’s 80 Holland Park for the Financial Times, noting that it is “a stark departure” from One Hyde Park, and reflects the shifting tastes of London’s super-rich property buyers.

Tag: Property Market News

Busiest prime London market since 2014, with 61% more £5m+ deals than in 2019

Knight Frank upgrades global prime price forecasts again

World house prices are ‘overvalued by around 10%’, warn economists

Asking prices climb to another record high as the property market sees its busiest ever H1

Asking rents hit a record high outside London, as city centres start to recover

House price inflation picks back up to 10% – UK HPI

Regional house price movements over the last year ‘are almost a complete reversal of both the 5-year and 10-year trends’ – Garrington

Most buyers & sellers expect to move within three months – OTM

Central London rents likely to recover to pre-pandemic levels within a year – Hamptons

House prices likely to rise further as supply falls again – RICS

Urban house prices around the world are rising at their fastest rate since 2007

FT: The game changers in London’s luxury property market

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