Property Market News
Beyond the eco-conscious affluent: Is there a green premium for new homes?
Consumer sentiment is increasing towards more sustainable "green" homes, say Lucy Greenwood & Patrick Eve of Savills, but only larger homes achieve a "green" premium.
Central London property transactions jump – but buyers remain ‘cautious & price-sensitive’
Winkworth has reported a 48% surge in central London buying activity (15% ahead of the five-year average), but still describes the market as "muted".
‘City centre locations and flats are staging a comeback in the housing market’ – Rightmove
Demand for flats and urban locations are rising at a faster pace than for other types of property.
Crossrail property prices likely to ‘continue to climb’ despite delays
"We expect to see house prices along the Crossrail route continue to climb as its launch approaches," says Marc von Grundherr of Benham and Reeves.
House price inflation rises to highest rate since August 2007 – UK HPI
The annual rate of UK property price inflation climbed to 10.2% in March, according to official data.
What’s next for prime markets? Eight factors shaping the top end of the UK’s property market
A year after the pandemic struck, Savills is "optimistic" about the outlook for Britain's prime property markets...
‘Best & final offers is becoming standard’ for top-tier country homes
“Best and final offers have become much more common place over recent months," say property agents in Devon and Cornwall.
Average asking prices reach another record high
Three regions have seen asking prices climb by more than 10% in the last year-or-so, says Rightmove, while Greater London has seen prices flatline.
Resi projects lead architecture sector recovery
"The savage reduction in staffing levels that many feared at the start of the pandemic has not materialised", says the RIBA, as architecture firms remain upbeat about prospects.
Property prices continue to climb as supply fails to meet demand
The number of new sales and lettings instructions fell back sharply in April, according to the RICS, while demand continued to rise.
Ranked: Britain’s ten most sought-after locations for property buyers
Rightmove has revealed where most home-hunters are signing up for instant property alerts.
Tenants return to city centres as London affordability hits a ten-year high
Demand for city centre rental properties is rising, reports Zoopla, with London rents having bottomed out in February.