Property Market News
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.
Flood risks ‘yet to hit house price growth’
Property prices in many of the UK's most flood-prone locations have increased faster than their surrounding local area over the last ten years...
‘London leavers’ are now younger than ever as the capital’s price premium pushes people out
You can get a lot more property for your money outside of the capital; 953 extra square feet, on average, say LonRes & Hamptons as they analyse the latest trends in "London leavers".
Housing demand jumps by more than a quarter
Estate agents report 29% more prospective buyers per branch compared to last year - but no corresponding rise in supply.
House prices in all English cities have now returned to 2007 peak levels
Average property prices across UK cities have increased by 3.9% in the last year, says Zoopla, but the portal "does not expect a material acceleration in the rate of growth in the foreseeable future.
Supply & demand move further out of kilter as vendors hold back
Demand may be surging, but new property listings have fallen by 21% year-on-year says Knight Frank, while January's UK transaction tally was 4% lower than in 2019...
The billion-pound building boom that could transform Oxford Street back into a prime resi address
Nine new residential developments are changing the face of Europe's busiest shopping street;
Architects’ confidence surges, but workloads are still down
RIBA's Future Trends Workload Index has surged into positive territory, led by the private housing sector, but architects' actual workloads are still 5% below last year's level...
Hong Kong ‘in a league of its own’ & London ‘at a turning point’: Prime global city markets in seven charts
Hong Kong, New York, Tokyo, Geneva and London are the most expensive prime global cities, says Savills;