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; a deal would be worth £31,000 to the average London home-owner next year, predicts …
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
UAE real estate giant buys UK developer London Square
Aldar Properties says its first acquisition outside of the MENA region provides 'a meaningful foothold in the diverse and dynamic London property market,' with financial heft that will give London Square…
By PrimeResi
Foxtons’ Isidro appointed COO of UK Sotheby’s International Realty
Luxury agency announces another big-name hire as dramatic scaling-up continues.
In Pictures: Iconic Portland Place mansion lists at £75mn following ultra-prime makeover
Adam-designed trophy home has been 'reimagined for 21st century living' by MSMR Architects and 1508 London, at a total cost of nearly £50mn.
Watch: Touring ‘the most expensive house in the world’
YouTube star & luxury real estate agency team up to showcase the '$1bn' Chateau Du Champs De Bataille in Normandy, which is now up for rent.
John D Wood appoints new regional director in London
Ex-Chestertons director Glynn Gibb steps up at the high-end estate agency.
Specialist lender refinances £175mn London mansion
Cohort Capital completes another PCL mega-deal as ultra-prime sector 'remains well insulated from wider economic headwinds'.
Super-prime rental market booms as HNWIs hanker after NW London trophy homes
Conditions are 'highly-competitive' at the top-end, reports Beauchamp Estates, with multiple serious tenants often vying for the same property...and the victor happy to pay one or two years’ rent up-front.
Ranked: The world’s most expensive cities in 2023
Across the 173 cities analysed by the Economist Intelligence Unit, cost of living prices have risen by an average of 7.4% in the last year.
By PrimeResi
LATEST ARTICLES
Royalton mega-mansion in Surrey fetches record price
Julian Bicknell-designed stunner is the most expensive home sold on St George’s Hill this year.
Jo Eccles: Reflections on a challenging year
Eccord's MD summarises the key themes at play in PCL over last 12 months, and some trends to keep an eye on in the lead-up to the holidays.
By Jo Eccles
Prime London Property Market Snapshot: Week 48, 2023
Deal numbers are down again in prime London, but sales supply has picked up.
By PrimeResi
A London borough has been crowned Rightmove’s ‘happiest place to live’ for the first time
'Having access to nature and green spaces is more important to residents than having access to public transport, shops and restaurants, and employment opportunities,' says Rightmove after surveying 26,000…
By PrimeResi
Sweet deal on £18mn Harrods chocolate factory duplex with Candy interiors
Beauchamp Estates found a buyer who 'wanted to live next door to Harrods'.
By PrimeResi