Property Market News
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.
£5m+ sales hit a seven-year high in PCL
142 property sales above £5 million were recorded in Prime Central London in the first four months of this year, reports Savills, with a combined value of £1.42 billion.
Edinburgh is ‘very much a sellers’ market’ as house price inflation rises to 6.8%
Average property prices in the Scottish capital increased by 2.2% in the first three months of this year, driven by high demand and tight supply.
Prime London sales dipped in April, but are set to bounce back sharply
“The dip in sales in April is temporary,” says Knight Frank, as the number of offers accepted in Prime London spikes.