‘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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Luxury property brokerage adds two more big-hitters in PCL
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In Memoriam: London estate agency legend Tim Maskell, 1938-2025
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Boutique private office appoints Beauchamp’s Finch to lead property division
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In Pictures: St John’s Wood Police Station reworked as ‘design-led rental concept’
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UK set for record wealth exodus in 2025
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Global property values have fallen in US dollar terms, despite most markets seeing growth when measured in local currencies.
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Fresh Bank of England data on mortgage approvals show increased activity in May - but 'are broadly consistent with a property market treading water,' comments Simon Gammon of Knight Frank Finance.
Propertymark installs new presidential teams
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UK housing market faces a smoother ride in second half of 2025 – Knight Frank
As tariff turbulence appears to have peaked and the stamp duty disruption fades, the main risk over the next six months is the autumn Budget, explains the agency's UK resi research boss Tom Bill.