Research
Prime Central London Q4 2020
There were further decreases for sales values and rents in Q4, according to Cluttons Prime Central London Index, shown in Figure 1. Although the pace of quarter-on-quarter decreases slowed, the annual falls reached 13.2% for sales and 17.8% for rents.
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Wider South East Q4 2020
The wider South East saw strong price growth in Q4, in line with the performance of the UK market, according to the Nationwide indices.
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London development Q4 2020
Q4 was a slower one for new build sales and development activity in London, with all three main metrics lower than Q4 2019, according to the latest data from Molior, shown in Table 1. Molior’s January report noted distinct patterns of behaviour across 2020’s four quarters, not all driven by the pandemic.
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Greater London sales & rental review Q4 2020
In terms of sentiment 2020 was a case of London vs. the rest, with stories of buyers keen to move to larger homes in the country now they can, or must, work from home and avoid the commute.
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England residential development Q4 2020
Q4 saw the residential development sector try to make up lost ground from the first lockdown, partially succeeding.
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UK rental review Q4 2020
After much volatility in Q2 and 3, sentiment in the national lettings market (outside London) settled back towards pre-pandemic trends in Q4, despite continuing lockdown restrictions.
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UK sales review Q4 2020
UK house prices finished a volatile year over 5% up on where they started, according to the main indices (+7.3% Nationwide, +6.0% Halifax).
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UK residential sales review Q3 2020
strong summer, defying the economic weakness caused by the COVID-19 lockdown and continuing restrictions. The third quarter of 2020 saw recovering activity levels and price increases, according to the main indicators.
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London development Q3 2020
Activity levels in the London development market bounced back strongly in Q3 across all three main metrics (starts, completions and sales), according to Molior data as shown in Table 1. This suggests the impact of lockdown was short-lived and contained to the previous quarter.
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Greater London sales & rental review Q3 2020
Much of the commentary around London property in the pandemic has suggested that increased working from home and a desire for more space – particularly gardens – could really reshape the market as people and businesses abandon the city.
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