Main image: House price forecast (left) & House price to earnings ration (OBR October 2021)
Volatile property market to calm, says OBR as it upgrades house price forecast
"House prices have risen significantly faster since the start of the pandemic than we had expected, says the Office of Budget Responsibility. But things should ease now, with the pace of inflation falling sharply - but remaining positive - in the coming years.
KPMG warns of no-deal Brexit house price plunge
Property prices could crash by as much as a fifth if Boris Johnson pursues a no-deal Brexit, says accountancy giant;
By PrimeResi
Is this the last property boom? Economists predict ‘the death of house price cycles’
Property markets are surging around the world. But "there are good reasons to think this will mark the last house price boom for the next 30 years," says Capital Economics.
By PrimeResi
‘A turning point for house price growth’: Pandemic property boom to ease next year, but ‘no sign of a cliff edge’
2021 is set to be the UK property market's strongest year since 2007, both in terms of sales volumes and house price inflation, according to Zoopla.
By PrimeResi
Most read
Major London estate agency accused of ‘a culture of sexual harassment, antisemitism, racism & bullying’
'Any matters of sexual harassment or misconduct are taken extremely seriously, thoroughly investigated and in no way tolerated,' says Foxtons in response to a Bloomberg investigation.
By PrimeResi
Agency seals string of big-ticket deals in SW London
Resale records fall in Barnes & Wimbledon as a new generation of wealthy buyers seeks out London village living.
One Hyde Park residents sue over alleged defects
Corroded pipes could cost £35mn to repair, suggest lawyers for super-prime Knightsbridge home-owners.
By PrimeResi
Hamptons installs new Kensington sales boss
Former Sotheby's director to lead agency's high-profile operation in W8.
Property Listenings: Three real estate podcasts to hear this month
Catch up on fascinating conversations with industry insiders in PrimeResi's new regular round-up.
In Pictures: ‘Iconic’ Kensington penthouse seeks buyer
'Garden in the sky' was created in the early 1960s & sits at almost the highest point in the Royal Borough.
International buyer picks up £15mn Mayfair townhouse
Knight Frank's Mayfair & Private Office teams collaborate on sale of 'exceptional' property near Hyde Park.
Key launches, challenges & trends in London’s new homes market
Sales are proving strongest for build-complete homes, and nearly a third of developers are expecting stronger reservation volumes in 2025, reports Anna Ward.
By Anna Ward
Foxtons responds to Bloomberg allegations
'Much progress has been made already,' says the high-profile London estate agency in response to recent criticism of its workplace culture, but 'we understand that more can always be done and we will be…
By PrimeResi
Italian property firm buys prominent Spanish agency; signals UK ambitions
Dils has taken a majority stake in Lucas Fox, and is looking to expand into more European markets.
By PrimeResi
LATEST ARTICLES
Mortgage lending climbs but new approvals dip
Total borrowing for house purchases has been rising since April 2024.
By PrimeResi
Knight Frank: UK housing market resilient with inflation risks on horizon
The question now is whether the spring market will blossom in the normal way, writes the agency's head of UK resi research Tom Bill.
By Tom Bill
In Pictures: Inside ‘one of the widest & most impressive’ homes in Regent’s Park
Grade I-listed mansion-and-mews combo on Hanover Terrace measures over 7,700 sq ft & has views across the iconic boating lake.
Charlie Ellingworth: A ‘tour d’horizon’ of the prime property market in 2025
Property Vision's co-founder runs through some of the major developments & legislation that have shaped, and are shaping, the landscape in London & the country.
Property investment giant plots £2bn+ residential drive
Landsec is shifting its focus away from offices and towards residential real estate assets.
By PrimeResi