Property Market News
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.
‘A positive close to the year as confidence returns to the housing market’ – NAEA
Another market report tells of improved activity in the wake of December's General Election.
Mortgage approvals jump to highest level since 2015
2019's gross mortgage lending total was still below 2018's level, despite a flurry of approvals in December.
Market Snapshot: Why 2020 is a ‘pivotal year’ for Dubai’s residential property sector
Dubai's residential property scene has suffered from massive over-supply in recent years. As the high-profile Expo 2020 event nears, is the market about to turn back up?
The number of UK home movers has risen by 13% in the last decade – but fallen sharply in London
Lloyds Bank has compared 2019's mortgage numbers with those of 2009...
Country house market activity blossoms, but prices are unlikely to rise
Knight Frank's country house team has reported its busiest opening to a year for two decades, but the firm cautions that "rising activity levels are unlikely to translate into house price inflation in…