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By Daniel Harris 2021-06-24T00:00:00+01:00 It is no surprise that the residential sector is high on most investors’ lists right now. After spending much of the past 18 months inside, we have never been more aware of the importance of our environment and this has made itself known in market activity. Daniel Harris The Avison Young UK Cities Recovery Index shows that the strength of the national housing market recovery in the past nine months has exceeded expectations, while house prices rose at their fastest pace in nearly seven years in May, according to Nationwide. Meanwhile, a fund investing in flats is gearing up for a stock market float to capitalise on the housing boom. ....
Miami's Missoni Baia Tower Approaches Completion, Tops Off Construction at 57 Stories Amid Domestic Buyer Surge therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
The Living Room at Number 1 In a decade bookended by global crises, starting with financial meltdown and ending in pandemic, global property markets have been on a constant rollercoaster ride. And none more so than central London, whose own fairground attractions in recent years have included the Brexit Knife Edge and the Boris Bounce. The Prime London market has faced a barrage of coconuts since hitting its last peak in 2014. There have been stamp duty hikes and punishing tax changes for buy-to-let investors, there was a certain EU referendum, political chaos, Corbyn-phobia, Covid… But there’s still hope, thinks Ed Lewis, head of London Residential Development Sales at Savills. “Believe it or not, London has been incredibly resilient and its bright lights will burn again. It has seen year on year falls since 2014 and it is due for a recovery.” ....