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 …
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.
‘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.
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Top-end property agency to open flagship Mayfair showroom as new owner looks to ‘transform’ luxury market
UK Sotheby's International Realty is rolling out some 'transformative' changes - including three new high-profile locations - designed to 'reshape the way exclusive real estate is bought, sold & rented'…
DDRE Global signs super-prime specialist from Knight Frank
Former KF partner Jessica Bishop is the latest name to join Daniel Daggers' brokerage-style firm.
‘Incredible’ Marylebone penthouse snapped up off-plan for £6.3mn
Boutique agency tucks away marquee apartment at the forthcoming W1 Place on Portland Street.
Top prime resi architecture practice rebrands
PDP London is now Studio PDP.
Move over Mayfair: Knightsbridge market ‘finally turns a corner’ as apartment living makes a comeback
Harrods Estates highlights a resurgent super-prime market around its famous namesake department store, with buying and development activity outpacing pre-pandemic levels.
Chestertons recruits Foxtons’ Ops Director to lead Kensington sales
Seasoned PCL estate agent Ian Barrett has moved from Foxtons to Chestertons on Kensington High Street.
Top lighting design consultancy opens studios in London & Dubai
Founded in Hong Kong 30 years ago, Light Directions is a brand partner of design giant HBA Group.
‘We’re going to go where we see the demand and long-term opportunity’: In conversation with BHHS London sales chief Cliff Gardiner
Watch this space, says the new sales boss of Warren Buffet’s Berkshire Hathaway HomeServices in London, as he shares ambitious growth plans and discusses the state of the luxury property sector.
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Shell and core penthouse picked up in sales surge at luxury Westminster scheme
11 units were sold in a seven-day, £32mn flurry at Northacre's The Broadway.
Scotland’s DM Hall expands into England
Acquisition of Cumbria firm is "the first step" in 125-year-old Scottish surveyor's expansion into England.
Dubai leads global super-prime sales bounce, as £10mn+ deals falter in London
International super-prime property market activity 'slowed noticeably' last year, says Knight Frank - but things perked up again at the start of 2023
JLL buyout creates new estate agency
JLL's offices in Manchester, Leeds and Liverpool are now operating as 'Kingsdene', following a buyout by Louise Emmott, Oliver Dolan and Lynsey Smith.
American family rents Hampstead ‘castle’ for £250k pa
Estate agency reports a flurry of high-value deals involving American money, including a tenant who paid nearly quarter-of-a-million pounds up-front for this Windsor Castle-inspired home in London.