Property Market News
HNW buyers are venturing beyond RBKC & Westminster
A flurry of £5m+ deals has put Blackfriars Road on the prime London map, as wealthy buyers look beyond London's traditional luxury postcodes
Global prime property slowdown ‘gathers pace’
A year ago, Knight Frank declared the start of "the Great Moderation" in the world's prime residential markets; the firm's latest Global Prime Cities Index bears out the prediction...
Europe’s resi real estate investors are ‘bullish’ despite Brexit & regulatory concerns
Paris, Berlin and Frankfurt are the top picks for real estate investment in 2020, reports PWC
Proportion of overseas landlords rises for the first time since 2010
The weak Pound has boosted the proportion of British homes let by overseas landlords, from 7% last year to 11% this year, according to Hamptons;
Tenant demand continues to outstrip rental supply in London
Demand for rental properties in London has increased by 13% compared to last year, reports Foxtons, while supply has fallen by 16%
Market Snapshot: The top 5% across England & Wales
"The housing market is showing a remarkable stoicism given the backdrop of unmet Brexit deadlines, 'flextensions' and a December election," says Fine & Country, although prices and volumes at the top-end…
‘Chill winds returned to the London prime property market over the summer’ but ‘there are now reasons for optimism’
"Chill winds returned to the London prime property market over the summer," says Coutts bank, although "there are now reasons for optimism regarding a potential bottoming of the market"
Competitive bids rise as London’s high-value property market rallies
Chestertons reports rising demand but continued short supply in prime London locations
‘Exceptionally strong tenant demand’ drives rental price growth in London
"The wider London market remains characterised by insufficient supply to match tenant demand", reports Chestertons - but prime tenants "remain price sensitive"
Northacre owner is ‘in discussions with a few’ big-ticket distressed development projects in PCL
"Brexit is fully priced in," says ADFG's CEO Jassim Alseddiqi. "I strongly believe there is pent-up demand in Central London residential that will be coming up very soon ...
Average time to sell a home reaches a three-year high
Zoopla's latest index tells of a slow-moving property market in London and southern cities
New-build home registrations slow in Q3
39,364 new homes were registered with the NHBC over the last three months, compared to 43,403 a year ago