Property Market News
Zoopla predicts 3% growth for property prices in UK cities in 2020
The average property price in a UK city has increased by 54% over the last decade; London has seen 74% growth.
Global house price inflation sinks to its lowest level in six years
Hungary has seen the fastest annual property price inflation of any of the 56 countries or territories measured by Knight Frank in the last year
Resi investors shun Canary Wharf
Canary Wharf is transitioning into a place to live as well as work, says Savills; a third of buyers in the area are international, and over a third of households earn more than £100k a year.
Knight Frank predicts ‘rising momentum across all property markets’, with PCL set to out-perform
Prime Central London property prices are likely to rise by 18% over the next five years, forecasts Knight Frank, out-performing mainstream markets.
House price growth drops to the lowest level since September 2012
The latest official UK House Price Index tells of a slow property market in the run-up to the General Election.
Property market ‘hit a lull’ in November
The number of sales agreed fell to the lowest level in eight months in November, reports the NAEA. But improved political certainty "may trigger a flurry of activity."
Billionaires’ Rows: The world’s top ten ultra-prime addresses
Knight Frank identifies the ten global locations that have seen the most ultra-prime (US$25m+) property sales in the last five years... Six are in the USA, three are in Hong Kong - and one is in London.
Westminster crowned London’s ‘best performing’ borough for property in 2019
From house price growth to sustainability, rental value to construction activity, CBRE has totted-up the property performance of each London borough in 2019 - coming up with a series of top ten "winners"...
Property market sticks in the doldrums, but surveyors are more positive about 2020
"The medium term view of the market remains surprisingly sanguine", according to the latest RICS monthly survey
Ranked: Which UK property markets have bounced back most from the Global Financial Crisis?
Average property prices in some areas of London are now 89% higher than their pre-crash peak... Other parts of the country are still 38% below 2007's level.
‘Steep rise’ in prime London tenancy agreements as demand escalates
Knight Frank reports a 46% jump in agreed tenancies under £1,000 pw in prime London