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Prime Regional Residential

UK Residential – Q4 2020

Report

Autoren: Faisal Choudhry , Andrew Perratt

Reihe: Savills Market in Minutes

Anbieter: Savills

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  • Erscheinungsweise: Quartalsweise
  • Berichtszeitraum: 4. Quartal 2020
  • Erscheinungsdatum : 21.01.2021
  • Seiten : 2 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 2,39 MB
  • Sprache(n) : Englisch

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Inhalt

Committed movers support the prime regional residential market

Savills has witnessed an extraordinary 12 months in prime residential markets outside London as the pandemic has boosted demand for larger homes with gardens and space to work.

The number of buyers registering with Savills and viewing properties outside London increased by 51% and 27% respectively compared with 2019. This led to a surge of activity, particularly at the top end, with sales of properties at £1 million and above increasing by 48% last year compared with 2019, outperforming the wider market, according to data provider TwentyCi.

Despite the rise in agreed sales, price growth has remained relatively modest. That said, the 3.6% annual growth in regional prime values at the end of last year was the highest since September 2014 and slightly above the forecast of 3.0%.

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