With the helps of CBRE teams in UK and Australia, we regularly undertake and publish research on overseas residential markets . Get in touch to add your name to our mailing lists, or click below to access previous reports.
So far in 2017, the housing market has not been as strong than in previous years, with sales activity particularly muted. The good news is that first time buyers continue to be boosted by various Government initiatives and are at their highest level since 2008.
A ‘green home’ is designed to be environmentally friendly and sustainable. The underlying design focusses on using as little water, energy resources and building materials as possible, and thereby creating a smaller impact on the environment.
Although the detail of the Government’s proposed ban on lettings fees isn’t yet clear, it will clearly impact the operating environment. It could feed through to higher landlord costs, which could feed through to rents. Alternatively, and more likely, letting agents may have to absorb the costs themselves.
The private rental sector is the fastest growing tenure in the UK with over 1.8 million renters in London alone. The huge demand for quality stock means new build stock is particularly popular with discerning renters.
Miles Gibson, Head of CBRE UK Research discusses the UK General Election
Despite the uncertainty caused by the EU referendum, the London property market remains underpinned by a strong economic backdrop and renewed global interest.
Conventional wisdom suggests that property markets slow down in light of an upcoming general election. General elections are uncertain, and the property market doesn’t like uncertainty. However, we have found that property markets are, in fact, pretty resilient when faced with an election, with very little change to overall behaviour.
Stable house price growth across all regions suggests a narrowing gap between growth rates; activity levels are maintaining consistent levels and the UK economy is ticking along nicely.
Born between 1980 and 2000, millennials have come of age during a rapid period of technological advances and political change. Typically viewed as the generation who want it all, and want it now, millennials have been described as ambitious and self-confident with high expectations. But are these generalisations accurate?
House prices are generally used as a proxy for an area’s desirability. Basic economics tells us that the higher the demand, the higher the price paid for it and the demand for a property in a commuter town will reflect a number of attributes. These include travel time and cost to London, quality of local schools, green space, local retail and other amenities.