Property Market News
Talking Heads: Chinese buyers have turned to the Home Counties
Before the pandemic, only around one in 20 Chinese and Hong Kong home-buyers used to look for a home in England's Home Counties; now it's nearer one in five, according to a new study.
Students outbid corporate tenants as China drives Mayfair rental ‘boom’
Top-end rental properties in Mayfair are going for as much as a third above the asking price, reports Wetherell, as Chinese students and socialites boost demand.
Transaction numbers running at a 14-year high as deals speed up by nearly a month
Rightmove predicts that 1.
Sharp drop in properties selling above asking-price
The majority of properties sold at or below asking price in September, according to Propertymark, but buyer demand continues to outpace sales supply.
Volatile property market to calm, says OBR as it upgrades house price forecast
"House prices have risen significantly faster since the start of the pandemic than we had expected, says the Office of Budget Responsibility.
Nearly a million households are on the move in this strong sellers’ market
Every UK region has seen double-digit growth in property transactions volumes compared to pre-pandemic 2019, says TwentyCi. Nearly a million households are about to move home or have recently done so.
‘A turning point for house price growth’: Pandemic property boom to ease next year, but ‘no sign of a cliff edge’
2021 is set to be the UK property market's strongest year since 2007, both in terms of sales volumes and house price inflation, according to Zoopla.
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.
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...