Property Market News
Property market sees ‘busiest ever start to the year’ – Rightmove
Property portal Rightmove has recorded its busiest ever start to a new year, with visits to the site up 30% compared to the same period in 2020.
Prime buyer demand rises in London, except for £10m+ homes
Estate agency Benham & Reeves has ranked which prime London areas and price brackets are seeing the highest levels of buyer demand.
Global cities continue to see property prices climb
The annual rate of property price inflation across global cities increased from 4.1% in Q2 to 4.7% in Q3, according to the latest index from Knight Frank.
PCL transactions ‘will double in 2021’ predicts top London agency
Dexters plans to open six new estate agency branches in London this year, as it forecasts strong growth in both prime sales and lettings markets.
Country house price growth hits a six-year high
Savills, Knight Frank and Hamptons have all reported a booming country house market.
Londoners spent more on property outside of the capital in 2020 than in any year since 2007
Londoners spent more on property outside of the capital in 2020 than in any year since 2007 reports Hamptons, as the number of "London leavers" reached 73,950.
Seven key factors that will shape the property market in 2021
Zoopla is predicting that the UK's annual rate of property price inflation will slow to just 1% next year. Here the firm explains some of the thinking behind that figure...
PCL property prices have fallen by 4.3% this year; rents by 11.9%
Prime Outer London has seen less significant price drops than central areas, reports Knight Frank.
Tom Bill on what 2021 could bring for the UK property market
Tax changes and the withdrawal of support measures mean the post-Covid ‘normal’ will only begin to emerge later next year, writes Knight Frank's Head of UK Residential Research.
£62bn more sales agreed in 2020 vs 2019
Zoopla reports a continuing surge of house-buying activity, particularly in higher price brackets.
House price inflation climbs to 5.4% – UK HPI
The official house price index indicates that property prices are rising at the fastest rate since 2016. In London, however, the average property value dropped by 1.2% in October.
Jersey’s property market picks up pace
"People are offering the asking price after walking through the door," says island estate agency Wilsons Knight Frank.