UK house prices hit a four-year high as demand for outside space continues to climb
"The latest RICS survey provides firm evidence of a strong uplift in activity in the housing market which should help support the wider economy gain traction over the coming months," says RICS' Chief Economist Simon Rubinsohn. "More of a concern is the pick-up in prices which could intensify issues around affordability in some parts of the country."
A looming "shortfall in incomes has a tremendous potential to disrupt the UK’s housing markets", warns the Centre for Economics & Business Research.
Economists warn of a "significant fall" for house prices as wider economic turmoil catches up with the property market.
Buyer demand jumps in prime London, reaching a five-year Summertime high – but vendors continue to hesitate
Market Snapshot: Knight Frank's Summer sit rep for the prime London sales market
Companies in this articleRICS
Henry Hird will be leading the 40-strong team at Sims Hilditch as the award-winning studio embarks on its 'next phase of growth'.
Developer confirms Juan Pablo Molyneux will create the residents’ communal areas for 1 Mayfair, the forthcoming RAMSA-designed scheme billed as 'London’s most exclusive address'.
‘After all, property is a people business’: In conversation with top Savills execs Pete Bevan, Liza-Jane Kelly & Richard Gutteridge
The agency's London & PCL chiefs share their insights on achieving success in the industry, the biggest market shifts of the last 25 years, and the latest buyer & seller trends...
Deal sees top-end construction & maintenance firm expand its range of specialist services, and sets up a foray into the world of superyachts.
Agne Karazuite and Ed Boden have taken on new roles in Chelsea and South Kensington.
Fresh analysis by luxury estate agency Beauchamp Estates looks into the wealth and lifestyles of the global super-rich.
Significant sale 'demonstrates that despite ongoing economic uncertainty London remains top of the list for the world’s global buyers,' says Knight Frank.
Savills expects average rents to increase by another 6% next year, before the pace of growth eases as tenants are stretched to the limit.
Property consultancy has seen fee income rise but profits fall.
Bank of England data tell of another increase in mortgage approvals, prompting Savills to suggest 'some confidence is beginning to return' to the property market.
Tom Davies is leaving the Foxtons-owned mortgage firm to join LRG; he will be replaced by Richard Merrett.
From strategic hires to the rise of self-employed agents: Andrew Deverell-Smith on the real estate recruitment trends to watch
Is it time to hunker down or level up? Recruitment guru explains how top property firms are taking different approaches to challenging market conditions.