Property Market News

Seasonality is set to return in the coming months, as the Stamp Duty holiday steps down, says Knight Frank. But which parts of the UK property market are likely to be most active over the summer?

Buyers in England and Wales paid an average of 98.1% of the final asking price in January this year, reports Rightmove, marking the first time the percentage has ever exceeded 98%.

There are now 20 buyers chasing every property on the market, according to Propertymark.

France’s prime residential markets showed resilience in 2020, says Knight Frank, and has been "exuberant" for the last few months, despite the challenging backdrop...

Restaurants are crowded, flights are packed, Yankee Stadium is at full capacity and corporate America is calling its workers back.

Infography: London's super-prime property market in seven charts.

Asking prices have increased in every region, reports Rightmove, with larger homes seeing the highest rate of property price inflation.

Most affluent property buyers are "undeterred" by the looming end of the Stamp Duty holiday, says Savills, but the pandemic is likely to leave "a legacy of changed priorities" amongst home-buyers.

“The outlook for the super-prime London market remains fairly positive at present," says Benham and Reeves boss Marc von Grundherr.

April saw UK house price growth slow for the first time since July 2020, according to the official index.

New Zealand, Canada, Sweden, the UK and US are amongst the world's "frothiest" housing markets, according to new analysis, with high price-to-rent and price-to-income ratios.

Pandemic-induced property trends mean it is now cheaper to rent a home than buy one, says Hamptons, reversing a six-year trend.