Property Market News
Prime London’s property market recovery has been ‘paused’
The annual rate of property price inflation in prime London turned positive for the first time since 2015 in Q1, says Savills. But the Coronavirus pandemic has put a stop to the burgeoning market recovery.
Average UK and London property prices dipped by 1.1% in January – UK HPI
Official pre-virus data indicates that the annual rate of UK property price inflation fell from +1.7% in December to +1.3% in January.
Assessing the impact of Covid-19 on Asia’s residential property markets
China's property market flatlined as a result of the Coronavirus lockdown, but there are already signs of recovery, says Knight Frank.
Rental price inflation triples as the North-South divide widens
The average GB rent climbed by 3.3% in the year to March, says Hamptons - three times the pace seen in the previous 12 months.
Lucian Cook on what Covid-19 might mean for the property market
The Coronavirus pandemic is likely to cause "a hiatus in the UK housing market, without necessarily affecting longer term prospects," says Savills' research chief.
Coronavirus has ‘completely wrecked’ the housing market bounce as viewings slump
"It seems likely that Covid-19, combined with last month’s floods, will have completely wrecked any positive effects that political certainty since the general election may have provided to the housing…
Asking prices rise to an all-time high as sales activity blossoms
"The key metrics so far all point to a much more active market than last year," says Rightmove, "fuelling upwards price pressure.
Property prices rise across the country, but surveyors expect the Coronavirus to hit Spring market activity
Demand, supply, prices and transaction numbers all increased from January to February, according to the latest RICS survey.
Ranked: Asking Vs sold prices around the country
Three UK areas saw homes sell on average for more than 20% above their listing prices in 2019, while three other locations saw average sold prices come in more 25% below average asking prices.
LSL trumpets ‘highly resilient’ performance as estate agency revenue drops; warns on coronavirus impact
There's a lot going on in LSL's latest update to shareholders, with Countrywide merger talks ongoing, the impact of last year's dramatic network downsizing revealed, and a warning that the spread of the…
Paris Mapped: Charting the best performing & up-and-coming areas across prime Paris
Prime residential property prices in Paris rose by 6.4% in 2019, says Savills, up from 4.5% in the previous year to out-perform most other prime global cities.
Coronavirus fears are already thwarting one in six property moves, claims London estate agency
An astonishing 17% of UK home buyers and sellers told Benham & Reeves that they have already postponed a move because of the Covid-19 coronavirus.