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Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July

Despite COVID Outbreaks, Many International Cities Enjoying Sales Recovery in July

A number of global cities are seeing sales volumes continue to recover with April looking to be the low point for residential activity. Read More »


High-Priced Country Houses are UK's Top Performers This Summer

High-Priced Country Houses are UK's Top Performers This Summer

Country houses valued at £5m-plus saw the strongest price growth of any property type in the UK in the three months to June, due to interest in country living and the greater ability of buyers in higher-price brackets to transact. Read More »

Manila is World's Top Housing Market for Price Appreciation at 22 Percent Annually

Manila is World's Top Housing Market for Price Appreciation at 22 Percent Annually

The average annual price appreciation for all 150 cities tracked by the latest Global Residential Cities Index was 4.3 percent Read More »

UK Housing Market Enjoys Fast Recovery 1 Month After COVID-19 Lockdown Ends

UK Housing Market Enjoys Fast Recovery 1 Month After COVID-19 Lockdown Ends

Home purchase offers are being accepted at record rates in UK property markets as traction returns and downwards pressure on prices eases. Read More »


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Global Property Spotlight

Grand Tetons Wonderland - (Driggs, Idaho)

Grand Tetons Wonderland - (Driggs, Idaho)

Huntsman Springs is golf and club community developed by Jon Huntsman, Sr. A place of serenity and beauty in the hitherto undeveloped Teton Valley of Western Idaho. Read More »

Last Updated July 10, 2020 9:00 AM ET

United Kingdom Property News

The total potential spend for all residential buyers registered with Knight Frank in London was £52 billion.

As most of the world's economies are reeling from the impact of the corona crisis, the effects on the European rental markets are starting to show - with previously accelerating rental prices coming to a stop.

Covid-19 and the knock-on impact of the government lockdown, will result in 56,000 fewer homes being delivered this year, representing a 35 percent drop.

Demand for London rental property has picked up in April 2020, as prospective tenants begin to plan for life after the lockdown.

Knight Frank is now forecasting the UK's housing market to decline 38 percent from 2019's home sales, to an estimated 734,000 transactions for the full year (2020).

The UK has reconfigured a number of commercial property to save lives, and has demonstrated it is possible to swiftly create new temporary uses for real estate.

According to CBRE's latest U.S. Multifamily Inbound Investment Report for the second half of 2019, Orlando was the highest growth market for global multifamily investment capital, with an annual gain of 231%.

According to global property consultant Knight Frank's latest Wealth Report 2020 reveals that private capital was responsible for $333 billion of all commercial real estate purchases in 2019, a 5% rise on the previous year.

The political certainty generated by the general election result produced the highest monthly number of property exchanges in Prime Central London (PCL) in December 2019.

U.S. net-lease investment reached record highs in 2019, with investors increasingly attracted to opportunities in high-growth secondary and tertiary markets.

With the longest global economic expansion on record, international commercial property investors now face an increasingly complex calculus.

International property consultant CBRE is reporting this week that global commercial real estate investment volume in Q4 of 2019, including entity-level deals, was nearly level (-0.5%) with Q4 2018, while full-year volume fell by 2% from 2018.

Four years after the UK voted to leave the European Union, creating much uncertainty since then for London's property market, Brexit has finally happened.

Based on new data by HVS London, AlixPartners and STR, London hotels saw RevPAR growth of 0.9% in Q4 2019, to £135.25 compared with the previous year.

Knight Frank is reporting the number of new prospective home buyers registering with them in London rose

According to HousingAnywhere's latest International Rent Index, a rise in residential rents continued across Europe in Q4 of 2019, yet rents did decelerated in the more expensive cities such as London, Amsterdam and Munich.

The headline rate of the UK's house price growth continued to slow through 2019, leaving annual house price growth for the UK 0.7% at the end of October 2019, down from 3% at the same point last year.

Prime regional country house prices in the United Kingdom were unchanged in the final three months of 2019, taking the annual change in values to -0.8%. Prices have been flat or declining for the past three years.


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