‘There is still room for growth’ for PCL property prices, following record-breaking year for £5mn+ deals
More than 50 London neighbourhoods saw some buying activity above £5mn in 2022, says Savills - but the firm still expects traditional Prime Central postcodes to outperform in price growth terms in the coming years.
PCL property prices still set to rise up to 10% this year, predicts Strutt & Parker
"We expect to see a very competitive market this year," says Guy Robinson, Head of Residential at Strutt & Parker.
Strutt & Parker revises property price forecasts, swinging PCL to positive growth this year
Strutt & Parker is now predicting that PCL prices will rise by up to 5% this year, having previously anticipated a drop of up to 5%...
Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
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House Collective adds Hamptons veteran as London expansion gathers pace
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Call for urgent demand-side stimulus as worst-case risks emerge for London’s new-build pipeline
Industry analysis flags risk of sharp slowdown and potential developer exit as existing projects near completion.
In Pictures: Rare Connaught Square townhouse hits the market at £6.5mn
Agency debuts Grade II listed residence on high-profile W2 garden square.
Prime London transactions set for spring uplift, but supply still stronger than demand – Knight Frank
Latest data shows offers accepted rose last month, but new buyer numbers were below the five-year average - and prices are still under pressure.
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