Property Market News
Looming global housing slump ‘could cut world growth to a decade low’
Signs of a global house price downturn are already visible, warns Oxford Economics
New home delivery climbs by 13%
The number of EPCs issued across England jumped by 13% in the last year, says Savills, while the number of approved residential planning consents has bounced back
FT: Is now the right time to buy property in London?
The Financial Times does a deep dive to find out if the London property market is really bottoming out
Price declines slow down in London – UK HPI
Average house prices in the UK increased by 1.4% in the 12 months to April 2019, down from 1.6% in March 2019
Cluttons forecasts a ‘rush of supply’ in London, limiting future price growth
'There’s effectively three years’ worth of people who haven’t put their house on the market, creating a "Brexit bottleneck" which will lead to a sharp correction when they do'
‘It is far too early to predict any form of bounce in the London market’ – Garrington
"Whilst the property market has been buffeted over recent months, there is growing evidence to suggest conditions are normalising," says national buying agency Garrington in its latest market review, which…
Zoopla calls the bottom of the London property market; southern regions to see further falls
The capital's three-year 'repricing process' is coming to an end, says Zoopla's top analyst Richard Donnell - but London's slowdown has now rippled out to higher-value markets across Southern England…
America’s super-rich splurge on London property, spending an average of £7.3m
Wealthy US buyers have returned to London in a big way this year, reports Knight Frank
Asking prices rise to ‘within a whisker of a new record’, but sales still struggle
New seller supply 'remains constrained nationally', says Rightmove as we approach the year's halfway point - particularly in southern regions
The number of households rented by over-50’s has risen by 61% since 2012
One in five tenants in the South East is now aged over 50, says Hamptons International
Negative property market trends ‘show some signs of easing’ – RICS
'Some comfort can be drawn from the results of the latest RICS survey,' says Chief Economist Simon Rubinsohn, 'as it suggests that the housing market in aggregate may be steading'
The park life premium hits 29% in London & New York
Properties next to Regent's Park and Central Park come with an average price premium of 29%, says Knight Frank