With the assumption that the current movement restrictions due to the coronavirus (COVID-19) pandemic will persist until the end of May 2020, Knight Frank forecast that residential transactions will remain above the five-year average in 2020. According to the forecast, the drop in sales over the second quarter will be followed by a gradual revival of activity in the second half of the year. While it is hard to foresee how residential prices will be impacted, house price growth is expected to recover in 2021 with London residential prices growing by six percent.
Forecast of the coronavirus (COVID-19) impact on residential price growth in London, London Prime Central and the United Kingdom (UK) from 2019 to 2021
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Knight Frank. (April 6, 2020). Forecast of the coronavirus (COVID-19) impact on residential price growth in London, London Prime Central and the United Kingdom (UK) from 2019 to 2021 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/795472/covid-19-forecast-residential-price-growth-london-united-kingdom-uk/
Knight Frank. "Forecast of the coronavirus (COVID-19) impact on residential price growth in London, London Prime Central and the United Kingdom (UK) from 2019 to 2021." Chart. April 6, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/795472/covid-19-forecast-residential-price-growth-london-united-kingdom-uk/
Knight Frank. (2020). Forecast of the coronavirus (COVID-19) impact on residential price growth in London, London Prime Central and the United Kingdom (UK) from 2019 to 2021. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/795472/covid-19-forecast-residential-price-growth-london-united-kingdom-uk/
Knight Frank. "Forecast of The Coronavirus (Covid-19) Impact on Residential Price Growth in London, London Prime Central and The United Kingdom (Uk) from 2019 to 2021." Statista, Statista Inc., 6 Apr 2020, https://www.statista.com/statistics/795472/covid-19-forecast-residential-price-growth-london-united-kingdom-uk/
Knight Frank, Forecast of the coronavirus (COVID-19) impact on residential price growth in London, London Prime Central and the United Kingdom (UK) from 2019 to 2021 Statista, https://www.statista.com/statistics/795472/covid-19-forecast-residential-price-growth-london-united-kingdom-uk/ (last visited December 30, 2024)
Forecast of the coronavirus (COVID-19) impact on residential price growth in London, London Prime Central and the United Kingdom (UK) from 2019 to 2021 [Graph], Knight Frank, April 6, 2020. [Online]. Available: https://www.statista.com/statistics/795472/covid-19-forecast-residential-price-growth-london-united-kingdom-uk/
