Property Market News
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...
2020 Vision: Luxury property trend predictions for the year ahead
Prime resi insiders weigh-in on the big property market, design and lifestyle trends for the next 12 months
PCL vendors held back in Q4, but activity is now likely to pick up
It was a subdued end to the year for Prime Central London's property market, reports Knight Frank in its Q4 sit rep, with 17% fewer £1m+ properties listed for sale in November 2019 compared to the same…
Housing market activity ‘unlikely to shift up materially in 2020’ – RICS
Surveyors predict 2% growth for UK house prices this year, but no improvement in transaction volumes
‘Signs of recovery’ for prime London’s property market as prices turn up
Q4 2019 saw the first quarterly increase for average property prices in Prime Central London in four years, according to Savills
Country house market remains flat
Prime regional property prices fell by 0.8% in 2019, says Knight Frank, and have been flat or falling for the last three years.
Ranked: Britain’s best value commuter towns
Zoopla reveals Britain’s most affordable towns for rail commuters to London, Birmingham, Bristol, Manchester and Edinburgh
Ranked: Britain’s most popular house-hunting locations
Bristol was 2019's most-searched location outside London for both buyers and tenants, according to new Rightmove data. In London, Wimbledon was the most popular location for would-be buyers;