PrimeResi.com - Editorial Highlights

MARKETWATCH
- New housebuilding starts: 0% change
(Quarterly), u +22% (Annual) – HMRC
NEWS: THE MARKET
Middle Eastern buyers
account for 50% of
Mayfair’s super-prime deals
Image courtesy of Wetherell
uHouse price annual inflation: +19.3%
in London, +10.7% in England, +3.5%
in Wales, +6.0% in Scotland, +4.9% in
Northern Ireland – ONS
dAsking prices: England & Wales -2.9%;
London -5.9% (Monthly) – Rightmove
uPCL prices +11.3%; uPCL transactions
+19.3%; uGreater London prices
+12.1%; uGreater London transactions
+20.1%; uEngland & Wales prices
+5.9%; uEngland & Wales transactions
+30.9% (Annual, Q2 on Q2) – Land
Registry / LCP
- London prices +0.3% (Monthly);
dAnnual increase down from +8.1% to
+7.9%; dnew prospective buyers -25%;
dviewings -10%, uexchanges +3%
(Annual); - London rents +0.5%; unew
tenant registrations +17%; utenant
viewings +25% (Annual) – Knight Frank
uCapital values +15.9% (Annual);
daverage gross yield down to 3.19% –
Cluttons
dTransaction levels -8% compared to
average (Quarterly) – Strutt & Parker
uNew instructions +26%;
dTransactions -9.9%; uPSF prices for