Property Market News
Property transaction numbers to drop sharply next year, warns Zoopla
While the property market is romping along in the run-up to Christmas, Zoopla expects house price growth to sink to just 1% in 2021, with 10% fewer transactions taking place in the the second half of the…
How Covid-19 has impacted residential real estate transactions around the world
Residential property has "has so far proven one of the more resilient sectors" of the global economy, reports Savills.
Ranked: Britain’s happiest places to live
People living in rural and coastal areas are generally happier with where they live than those living in cities and urban areas, says Rightmove.
Property ‘flipping’ makes a comeback, reaching highest level since 2008
The number of homes bought and sold again within 12 months has reached a 12-year high.
Ranked: Britain’s ‘most valuable’ property markets
The UK's total housing stock is worth just shy of £7 trillion, according to some new research, with Westminster and Kensington & Chelsea emerging as the highest-value areas.
Development land values recover as activity picks up
PCL development land value are still down at 2013 levels, despite rising in Q3.
£1bn added to UK economy for every 100,000 property transactions – claim
Each residential property transaction adds an average of £9,559 to the UK economy, according to some sums by Knight Frank and the Home Builders Federation.
Ranked: Britain’s top 20 speediest property markets
There are 14 local authority areas where properties listed for sale tend to find a buyer in 30 days or less...
Rural rents rise as cities fall – Hamptons
Average rents in the countryside have risen by 5.5% in the last year, reports Hamptons, while city rents have fallen by 5.3%.
Asking prices dip despite continued home-buying activity
"New sellers appear to be pricing more keenly, to improve their chances of getting a quick sale and beating the March stamp duty deadline," says Rightmove.
Watch: ‘Exceptionally busy’ sales market continues through second lockdown
The UK property market remains "exceptionally busy", says Garrington in its latest monthly sit-rep, despite the national Coronavirus lockdown and what would normally be the start of the seasonal slowdown.
‘Medium term expectations for house prices and private rents have barely been dented by Covid’ – RICS
Strong demand continued to drive sales activity in October, according to the latest survey of Chartered Surveyors. But things are likely to turn as 2021 progresses...