Property Market News
Top-end prime London prices have fallen by 16% since last year
The average £2m+ price paid in prime London in the first half of this year was £3.9m; that's 16% less than a year earlier
UK property prices have increased three-times as fast as earnings since 2008
The average value of a UK home has risen by 43% over the last decade, while the average wage has increased by 15% - and mortgage payments have trickled up by just 3%
Mapped: European residential property markets for investors
There's been "an unprecedented surge of capital into residential rental properties across European markets", says Catella
Prime central London has finally bottomed out, says Savills
Following a correction on the same scale as those seen post-GFC and in the early 80s and 90s, the PCL market is 'close to a full re-pricing' - but uncertainty is holding back the bounce...
SDLT receipts slump by 10% as high-value property deals fizzle
£1m+ property sales accounted for nearly 3% of transactions last year - and over 45% of total SDLT receipts
London’s property market moves ‘out of bubble risk territory’ for the first time in four years
Residential properties in Eurozone cities including Munich, Paris and Frankfurt are looking very over-valued, according to the latest UBS Global Real Estate Bubble Index - although analysts warn investors…
Cutting SDLT could bring 130,000 more homes to market each year – Purplebricks
Estate agency urges the Prime Minister to follow through on Stamp Duty reform proposals
London’s property market ‘has bottomed out’, but an ‘exodus of cash buyers’ has quelled price inflation in southern cities
A pick-up in activity and a return to positive annual price growth in London "isn’t a precursor to price rises,” says Zoopla, “but we do expect sales volumes to start rising once again”
Neighbourhood Swatch: Assessing London’s patchwork property market
CBRE has gone borough by borough to chart London's top-performing neighbourhoods for a realm of property and lifestyle factors
Brexit uncertainty continues to impact architects
RIBA's Future Trends Workload Index sank to its second-lowest point of the year in August
OnTheMarket warns investors of slow agent take-up; cuts contract prices
"Due to market conditions, conversions have occurred at a slower rate than originally planned," says property portal, "with fewer having been to long-term, full-tariff contracts"
Irish property price inflation stalls as supply rises & Brexit looms
It's the the first time since early 2013 that average house prices in Dublin have fallen on an annual basis