Property Market News
Tom Bill: The signals from the property market remain positive ahead of this week’s expected rate rise
In a market so driven by sentiment, a discernible dent in demand might be expected given the current economic and political backdrop - but it hasn’t materialised yet...
Heatmapped: Hybrid working drives South East market revival
Greater London and the South East are back in the top four areas of house price growth for the first time since August 2020, reports Acadata
Residential planning activity in PCL running at a five-year high
"Early signs of recovery in development activity" in Central London, says CBRE - presenting "a significant opportunity for developers to time their run onto an active market."
‘A sure sign that the London market is on the up’: Overseas buyers back in action
International buyers owned c.£6bn more London property in 2021 than in 2020, according to some new analysis of Land Registry data.
Talking Heads: On Russia sanctions & the London property market
Two weeks on, we asked prime property insiders - including those who specialise in Russian clients - about what effect anti-war sanctions are really having on the London property market, and how their…
‘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…