Property Market News
‘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…
Lodha kicks off 2020 with record sales at Lincoln Square
The first two weeks of the year have been "the most productive period in sales" for Lodha's Lincoln Square scheme since it launched to market in 2017.
Charted: European rental Vs house price inflation since 2007
House price growth in the EU has been lumpy since the global financial crisis, while rental prices have climbed at a fairly consistent rate over the last 13 years...
Optimism returns to the property industry – but estate agents are looking to diversify
Key findings from Zoopla's annual "State of the Property Nation" include a marked upswing in estate agencies' sentiment, but there's continued uncertainty over the political situation.
Asking prices post biggest January rise on record as a ‘window of stability’ encourages activity
Rightmove recorded its biggest ever December/January asking price "surge" in the wake of the General Election - led by more expensive "top of the ladder" properties.
Rents rise at the fastest pace since 2014 – Hamptons
Average rental payments across the country increased by 3.7% in 2019, and have escalated by 81% in the last decade.
Lisbon, Sydney & Moscow set to lead residential price growth in 2020
"While the outlook for 2020 is generally more positive" than in 2019, says Savills, "price growth in prime residential markets is still expected to be modest across many global cities"
Top-end sales jump as PCL responds quickly to political certainty
Q4 was a record quarter for £20m+ deals in Central London, reports Savills, while December saw the highest number of £5m+ sales since 2014.