Property Market News
‘People forget just how embedded Russian investment is in London’: Gary Hersham on how sanctions are affecting the luxury property market
"None of my Russian clients have asked me to sell their properties in London or the Home Counties," says super-prime estate agent Gary Hersham.
Global luxury housing boom to continue, with more subdued price growth
Knight Frank is predicting continued price rises for international luxury property markets in 2022 - although the pace of growth is likely to be significantly lower than 2021's extraordinary performance.
UK housing market to cool after 2021 boom – Oxford Economics
"A soft landing is more likely than an abrupt correction" in house prices, says a top forecasting house.
Heatmapped: London property prices set to rise 19% in the next five years; rents by 14% – CBRE
CBRE's eighth annual "borough-by-borough" research report tracks property market, demographic and lifestyle trends across the capital.
PCL property prices still set to rise up to 10% this year, predicts Strutt & Parker
"We expect to see a very competitive market this year," says Guy Robinson, Head of Residential at Strutt & Parker.
Rightmove records biggest ever monthly asking price jump
"People are by no means done with their pandemic-driven moves," says Britain's biggest property portal, which has just recorded record house price inflation.
Ranked: Britain’s next £1,000 psf postcodes
All the UK's "£1k psf" postcodes - where the median property price exceeds £1,000 per square foot - are in London, but raging price inflation in the regions means some enclaves outside the capital are…
The average UK house price climbed 10.8% in 2021 – official data
“It's unlikely we’ll ever see a repeat of the conditions leading to 2021’s price growth," says Savills, as the official UK House Price Index confirms astonishing property price inflation through…
Monday Market Review: 14th Feb 2022
PrimeResi's weekly summary of key property market stories and indices.
Spring sales market is already blossoming, as buyer demand & property listings rise
“This spring is certainly shaping up to be a busy one," says Rightmove, "with buyer demand, new listings coming to market for sale, and valuation requests to estate agents from future sellers all continuing…
Heatmapped: South East resurgent as commuter hubs drive growth
Places like Guildford, Esher, Farnham and Horsham have seen a strong pick-up in demand from buyers who may need to travel into London a few times a week
Prime London buyer demand is running 72% above the five-year average, while property supply is 12% down
Prime London Market Snapshot: Knight Frank's latest indices tell of a significant mismatch between property supply and demand in both the sales and rental markets.