Property Market News
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;
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.