Building new market-rate homes in high-income areas ultimately reduces gentrification pressures elsewhere, even when those new homes are expensive concludes a recent research report from the Greater London Authority – which rebuts a lot of traditional thinking about some negative…
Read moreLatest industry findings have revealed that London’s luxury property market appears unaffected by the current economic slump, standing head and shoulders above the broader UK housing market trends. In July, London’s luxury home sales surpassed the broader U.K. housing market,…
Read moreWith wildfires raging in Europe and August now confirmed as the hottest month on record, the climate crisis shows no signs of abating. According to sustainability experts, it’s never been more urgent to address how we measure and manage our…
Read moreAt the start of 2023, 300,000 buy-to-let properties went onto the property market, signalling an exodus of Britain’s buy-to-let landlords amidst the government’s introduction of costly Energy Performance Certificate (EPC) changes alongside its proposal of the Renters Reform Bill. Adding…
Read moreSydney has the highest waterfront price premium of any top-tier international location this year, confirms Abode2. Topping Knight Frank’s 2023 Global Waterfront Index, a waterfront property in the Aussie city typically sells for 118% more than a comparable non-waterfront home,…
Read moreFor many years, the US has had a reputation for being the world’s largest wealth market by a considerable margin. According to Henley and Partners’ just released 2023 USA Wealth Report, the country accounts for 32% of global wealth and…
Read morePrime property markets across the UK are “softening” as interest rates climb, reports Abode2. Average top-end values across UK markets outside of London (broadly the top 5% to 10% of the market by value) slipped by -1.5% in the second…
Read moreRates continue to rise this week as the market adjusts to two sets of disappointing inflation numbers. The Bank’s message that it still expects inflation to ease significantly in the second half of the year is reflected in the difference…
Read moreThe average UK tenant now spends over 28% of their pre-tax income on rent, the highest in the past 10 years, according to data from property portal Zoopla. Average rents for new leases have also increased by 10.4% in a…
Read moreCOPYRIGHT © Abode2 2012-2025