Property Market News
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.
‘There are glimmers of growing confidence’ in the architecture profession – RIBA
Architects got a bit more pessimistic about future workloads in December, but the Royal Institute of British Architects has spotted signs of improvement after an extended period of volatility...
‘Prices are rising across more global cities but at a slower rate’ – Knight Frank
At +24%, Budapest saw the fastest residential property price inflation of any major world city in the year to September 2019
London leavers are getting younger and moving further away
4% fewer Londoners moved out of the capital in 2019 compared to 2016, says Hamptons International. But the average age of a London-leaver is falling, reaching a record youthfulness in 2019...