US luxury homes market in record slump
Sales of high-end properties in the States plummeted by over 38% at the back-end of last year, the biggest decline on record, as wealthy buyers retreated from the market.
US luxury market posts record fall
High-end buyers are feeling 'sticker shock' as mortgage rates rise.
US luxury property market ‘coming back to earth’
Sales of high-end homes plummeted by nearly 18% during the three months to the end of April, the largest drop since the onset of the coronavirus pandemic
Record number of stately homes for sale in France
Around 1,500 estates and châteaux are on offer across the country, as lifestyle shifts and eye-watering maintenance costs impact their appeal amongst younger generations
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Caudwell unveils vision for £2bn ‘palace of residences’ in Mayfair
Pre-launch details and new images reveal what we can expect from the RAMSA-designed 1 Mayfair, including 'the finest triplex penthouse ever unveiled in the London ultra-prime marketplace'
Deals & listings flow for Daggers’ DDRE Global as Netflix fame beckons
Four-year-old advisory starring in forthcoming Selling Sunset-style show now has over £1bn worth of international real estate on its books, with an average listing value of nearly £11mn.
Mayfair on track to hit £15,000 psf & become ‘world’s most expensive address’
Low stock levels will push values of trophy new-builds to record heights over the coming years, forecasts Beauchamp Estates
Hamptons director joins Savills’ country house department
Phillippa Dalby-Welsh continues to strengthen her country house sales team, with fourth big appointment of the year so far.
By PrimeResi
Gove’s leasehold reform plan ‘quietly crumbles’
The Housing Ministry is said to be facing 'fierce resistance from the Treasury' over a proposal to set ground rents at peppercorn rates.
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New estate agency launches in Buckinghamshire
Domus Partners has been set up by James Courtney and Luke Green.
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Extraordinary Ibiza mansion seeks €16.5mn
Fresh from a starring role in a Netflix drama, Villa Solstice 'is one of the most incredible frontline villas to come to the market in Ibiza for many years,' say agents.
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Making sense of Mayfair’s super-charged property market in nine charts
New report lifts the lid on the PCL neighbourhood that's outperforming all others, as agency forecasts further growth & 'landmark' deals in 2024
‘Resilience on the Riviera’: Monaco is still the world’s most expensive prime property market
Micro-state continues to punch above its weight on the international stage.
Savills expands in the Middle East
Seasoned pros brought into senior roles as agency eyes further growth across the region.
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Four trends at play in the prime London market this Easter
Some balance is returning in PCL, reports buying agent Jo Eccles.
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Buyer sought for boutique resi development opp in Brook Green
Prime W14 site comes with planning for eight new-build apartments.
Prime property market shows ‘signs of recovery’ as values ‘turn a corner’
The latest Savills indices point to a more positive outlook for top-end property markets in London and the regions, although prices remain sensitive.
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Knight Frank appoints new office head in Winchester
Jane Kennerley has made the move from Savills.
New York, Tokyo & London named world’s ‘most resilient’ cities in 2024
Savills' annual research points to 'an inflection' for global cities in 2024 'as funding environments improve and real estate investment volumes start to recover.'
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