Property Market News
Ranked: Britain’s top buyers’ & sellers’ markets of 2021
Rightmove has identified which areas have the highest and lowest proportion of property sales listings that have already found a buyer.
Prime London property prices to rise by up to 9% in 2022, predicts agency boss
Property price growth of around 5% is "a realistic benchmark" across the capital in 2022, says the chief of 17-branch London estate agency Benham & Reeves, while "the return of the prime London market…
‘Agents are not seeing any signs that demand will slow in 2022’ – Propertymark chief
Nathan Emerson, CEO of estate agency trade body Propertymark, shares his predictions for the property market in the coming year.
Mortgage lending set to ‘return to more stable levels of activity’ after 2021’s surge – UK Finance
"The outlook for the housing and mortgage markets over the next two years is for a return to more stable, balanced picture following the upheavals of the last two years," predicts banking trade body…
‘My advice to anyone thinking of exiting the London market is to do so ASAP’, says Cluttons resi boss
"We could see prices drop as much as 10%" next year, warns James Hyman, head of residential at estate agency Cluttons, as he shares his predictions for London's property market in 2022.
‘Rents in Inner London are on track to reach pre-pandemic levels by the middle of 2022’ – Hamptons
"Rents in Inner London are on track to reach pre-pandemic levels by the middle of 2022," says Hamptons.
A ‘normal market beckons’ says Rightmove, as asking prices dip
2022 will be "closer to normal market conditions", says Rightmove, as it predicts 5% property price inflation over the next 12 months.
Property sales falter as supply drought continues – RICS
“Unless this trend is reversed soon, transaction levels may flatline in 2022 with limited choice proving more significant than any shift in the interest rate environment for new buyers," warns the Royal…
Pandemic property boom ‘may have peaked in some parts of the world’ – Knight Frank
Half of the locations tracked by Knight Frank's Global House Price Index have seen double-digit property price inflation in the last year - but growth rates in some of the punchiest world markets now…
‘Balance will be restored’: Key trends for international luxury property markets in 2022
“After a record-breaking year in luxury real estate, we anticipate that some balance will be restored to the market,” says Luxury Portfolio International after surveying nearly 5,000 affluent consumers.
Country home renaissance to continue in 2022, predicts Jackson-Stops
National estate agency predicts 3% growth for average UK property prices, with prime country houses set to out-perform at +5%.
‘Covid-era [house-buying] activity set to eclipse everything since the credit crunch’ – UK Finance
“The combined boost to [property market] demand from stimulus measures and societal changes has more than offset any dampening effects from Covid-19 and wider adverse economic factors," says banking…