JLL Residential

News & Opinion

UK house prices will increase by 0.5% next year with a further 1% growth in 2018

JLL’s latest forecasts, released today, concludes that Brexit will dominate UK housing markets over the short to medium term but predicts that the market will remain reasonably strong and active despite the greater uncertainty and slower economy resulting from Brexit. JLL are forecasting that UK house prices will increase by 0.5% next year with a further 1% growth in 2018.

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City centre homes in Manchester selling 70% quicker

Residential properties in Manchester City Centre are selling an average of 70% quicker than in 2016, due to rising numbers of first-time buyers and investors, according to leading property agent JLL.

JLL acquires German Real Estate Company, Zabel Property AG

JLL has acquired the Berlin-based real estate company Zabel Property AG which specialises in advising international customers on the purchase of high-quality residential properties in Germany´s Metropolitan cities.

Positive Residential Rental Growth expected across EMEA, says JLL

For the first time in over 12 months rents are expected to grow in all 15 cities tracked by JLL’s EMEA Residential Property Clock. The JLL Q4 2016 Property Clock tracks the performance and outlook of the continent’s key residential markets and shows rents growing in the short term, across all the cities.

2017 will be a year of stabilisation in the Prime Central London residential market

Sales and lettings markets in Prime Central London have entered 2017 in a more optimistic mood. Both have suffered from price falls and an overhang of properties on the market during 2016, but with price adjustments from stamp duty changes now largely absorbed, the outlook is more promising.

City and East sales and lettings market overview

The fourth quarter of 2016 remained stable in the Canary Wharf residential sales market, with some cause for optimism for 2017. There is still a wide choice of available stock in the E14 area, ranging from properties which would suit first time buyers through to large penthouses.

Prime central London sales and lettings market overview

Whilst the serving of Article 50 in spring 2017 may hang over the economy in general, there is increased optimism within the property market going in to 2017. Much of this optimism is predicated on the performance of the market in the last quarter of 2016, which saw an uplift in high value transactions.

South East London sales and lettings market overview

After the predictable rush to complete transactions before the festive break, 2016 ended on a much needed high after what has been a bumpy and uncertain previous eleven months. Levels of activity remained also surprisingly healthy in stark contrast to the usual Christmas slowdown.

JLL responds to Housing White Paper released today

Adam Challis, Head of residential research at JLL comments on Government’s release of the Housing White Paper today: "With a focus on expanding new housing supply, both in terms of the number of units and pace of construction, this White Paper is likely to prove amongst the most pivotal in a generation. It has become clear that months of wrangling has more to do with delivering the scale of ambition rather than the same NIMBY-ist and protectionist politics."

Yorkshire house prices to rise 13.6% in next five years, says JLL

House prices in Yorkshire are set to increase by 13.6 per cent in the next five years according to JLL, with growth in the region outpacing the rest of the UK in 2017. In the Leeds, JLL is forecasting house prices to increase by 21.6 per cent from 2017-2021.