Property Market News
London house prices have risen at nearly twice the pace of the national average in the last ten years
Property prices in Greater London escalated by 82% between 2009 and 2019, according to research house Acadata. That's nearly twice the average house price inflation rate across UK regions (42.6%).
‘House price pressures appear to be building’ as market activity grows
Surveyors "are optimistic regarding the outlook for activity over the next twelve months," says the RICS.
Prime London stock levels drying up as new instructions halve
Most areas have seen new listings fall by over 50% since the height of the market in 2014, reports Coutts
New-build home registrations hit a 12-year high
The build-to-rent sector has grown by a dramatic 281% since 2015, reports the NHBC.
Ten tales of London’s prime property market revival in 2020 so far
Ten front line luxury property firms share their January news, from a buying agency's Brexit Day deal bonanza to surges in new buyer enquiries for boutique and big brand estate agencies alike...
Rightmove reports busiest ever month
Property portal records more website views than ever in January, with a corresponding surge in agreed sales.
Saving for a home ‘is no longer the top priority’ for most Brits
The majority (58%) of British people surveyed by ING believe that the housing market "is on the wrong track", with accessibility challenges being a main driver.
‘Causes for optimism’ in prime regional property markets as prices turn up
Prime property values ended 2019 0.1% higher than they started the year, says Savills, as short supply propped-up prices.
Buyers are ‘growing in confidence’ while sellers ‘still have the jitters’
Zoopla points to growing "market polarisation" as buyers and sellers take different tacks - suggesting "an opportunity for agents to bridge this gap".
Tatler: How the super-rich will buy property in 2020
"Wellness hacks, integrated technology and branded residences will all be big business for luxury property developers as we go into the new decade," writes Rebecca Cope in Tatler magazine.
Ranked: Britain’s fastest & slowest places to sell a home
It took the average vendor 256 days to sell their property in 2019 (from first listing online to sale completion as marked by the Land Registry), although there were wide variations between different locations;…
Profits drop for Crest Nicholson
FTSE 250 housebuilder saw revenues fall in 2019, as political uncertainty caused "volatility" in the market.