Archive for July, 2011

Knight Frank Global House Price Index, Q1 2011 results

Knight Frank Global House Price Index, Q1 2011 results

Key findings:

  • Global house prices increased by only 1.8% in the year to March, the lowest annual rate of growth recorded since Q4 2009 
  • House prices in 25 of the 50 countries included in the index remained flat or saw negative growth in the first three months of 2011, compared to only 18 countries a year earlier 
  • In regional terms, Asia remains the top-performing continent, recording 8.4% growth over the last 12 months. However, this is down from 17.8% a year earlier 
  • The weakest region …

Eurozone crisis “brain-drain” boosts London’s rental market

Knight Frank London Lettings Index, May 2011 results

·         The Eurozone crisis appears to have pushed more European tenants into the central London rental market since the beginning of the year, with European tenants taking 30.4% of all new lets between January to May 2011 compared to 25% during the same period in 2010
·         Excluding very strong year-on-year growth in the number of new French tenants (up 80%), the …

Prime Central London Index June 2011


Central London house prices have risen 34% since March 2009 –  and are set to climb further

Knight Frank Prime Central London Index, June 2011 results
  • Prices of prime London property rose 0.9% in …

HS2 specialist releases new Q and A for affected property owners

With the public consultation on the proposed London-to-Birmingham high-speed rail link set to close on 29 July anybody wanting to contribute should act now.

You can make submissions online at James Del Mar, head of Knight Frank’s HS2 team, looks at some of the current issues property owners likely to be affected by HS2 might want to consider.

Is HS2 definitely going ahead?

We will not know for definite until the government makes its announcement by the end of the year. Transport secretary Philip Hammond, however, seems to have more sympathy with businesses in Birmingham …