
In Focus: Prime Central London – Autumn 2024
Contains 6 articles"A decade of adaptation"
Tagged Articles

"A decade of adaptation"

"What has happened to supply and demand in the prime central London lettings market and how has this affected rental values?"

"Prime residential rents grew by 2.2% across the 30 cities in the Savills World Cities Index in the first half of the year. Which cities saw the strongest rental growth?"
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"Over the course of 2021, 2022 and 2023 rental values of prime residential property in London rose by an eye-watering average of 23.1%."

"Inflationary pressures and difficult market conditions in the prime residential markets across the globe lead to a subdued set of growth performance figures in 2023"

"Rents outpaced capital values in 2023, with 28 of the 30 cities tracked in the World Cities index experiencing positive rental growth. Rents increased by an average of 5.1% compared to the average capital value growth of 2.2% for 2023"

"Seasonality returns to London’s prime rental markets as growth dips marginally into negative territory for the first time since March 2021"

"How do we expect the rental market to perform over the next five years?"

"We discuss recent prime rental movements, identify key market trends, and provide our updated five-year prime rental forecasts"

"Movements in rents of prime houses outside of London appear to be shifting back in line with pre-Covid levels as seasonality returns to the rental market"