Mitesh Manek’s Post

🚨 Rents on the Rise 🚨 Savills predicts rental prices will soar nearly 18% over the next five years, driven by a growing imbalance between supply and demand as investors exit the market. Despite some ‘brakes’ on rent increases, like tenant affordability, the trend remains sharply upward. National rents rose 4% in the 12 months to September—less than half of last year’s growth. But here’s the catch: 📉 Rental listings in September were 16% lower than pre-pandemic levels (2018-19). ⏱️ Properties are letting 20% faster in 2024 compared to five years ago. London tenants may see some relief, but the broader market is under immense pressure. What’s your take on the rental market squeeze?

The latest rental forecast from Savills predicts rents will grow by 17.6%, over the next five years. The forecast reports tenant demand remains at an elevated level according to the latest RICS survey and portal listings data shows properties letting 20% faster in 2024 to date, than during 2018/2019. Read the full story and forecast in Property Industry Eye here: https://lnkd.in/eht-6Zgt #PropertyLettings #UKPropertyMarket #Data #Birmingham #BlackCountry #WestMidlands

🚨 Rents on the Rise 🚨 Savills predicts rental prices will soar nearly 18% over the next five years, driven by a growing imbalance between supply and demand as investors exit the market. Despite some ‘brakes’ on rent increases, like tenant affordability, the trend remains sharply upward. National rents rose 4% in the 12 months to September—less than half of last year’s growth. But here’s the catch: 📉 Rental listings in September were 16% lower than pre-pandemic levels (2018-19). ⏱️ Properties are letting 20% faster in 2024 compared to five years ago. London tenants may see some relief, but the broader market is under immense pressure. What’s your take on the rental market squeeze?

🚨 Rents on the Rise 🚨 Savills predicts rental prices will soar nearly 18% over the next five years, driven by a growing imbalance between supply and demand as investors exit the market. Despite some ‘brakes’ on rent increases, like tenant affordability, the trend remains sharply upward. National rents rose 4% in the 12 months to September—less than half of last year’s growth. But here’s the catch: 📉 Rental listings in September were 16% lower than pre-pandemic levels (2018-19). ⏱️ Properties are letting 20% faster in 2024 compared to five years ago. London tenants may see some relief, but the broader market is under immense pressure. What’s your take on the rental market squeeze?

🏠 London Housing Market 2024: Current Trends and Opportunities 🌟 As we close out 2024 and head into a new year, the London housing market continues to show its unique blend of resilience and adaptability. Whether you're buying, selling, or investing, December is the perfect time to reflect on the year’s trends and plan for 2025. Current Trends 🔹 Stabilizing Prices: While central London remains steady, suburban areas are seeing moderate growth, driven by demand for larger homes and green spaces. 🔹 Interest Rate Pressures: Higher rates have reshaped buyer behaviours, favouring those ready to act decisively. 🔹 Sustainability on the Rise: Eco-friendly features are more than a trend—they’re becoming essential for buyers and renters alike. Opportunities in the Market ✅ For Sellers: As we move into the quieter winter months, well-presented homes with updated features—especially energy-efficient upgrades—are still in demand. ✅ For Buyers: The end-of-year market offers opportunities for buyers to negotiate favourable deals, especially on properties that have been listed for some time. ✅ For Investors: With strong rental demand and a growing focus on long-term value, strategic investments in Zones 3–6 can deliver excellent returns. Whether you want to make your next move or strategise for the new year, this is the time to act. London’s property market remains full of potential—let’s unlock it together! 🚀 💬 What are your property goals for 2025? Let’s discuss this in the comments below! #RealEstate #LondonHousingMarket #PropertyTrends #InvestInLondon #SellingYourHome

Broadly speaking, there are two types of apartment buyers. 1. Retail buyers for owner occupation or investment; and 2. Corporate and institutional buyers for passive investment or transformation. The first class of buyers usually rely on debt as a high percentage of total capital deployed. When those loans are subject to higher rates, buffers, are serviced by post tax cash flow (owner occupiers) and where cost of living pressures are elevated, purchasing power is crimped. The second class of buyers usually rely on rental cash flows to service interest, or for higher holding costs to make sense on a feasibility model. Where construction and finance costs are elevated, and where there is a mismatch between rental yield and capital value, these numbers become stretched. Are we doing deals for retail borrowers to buy property? You bet. Are we doing deals for corporates to fund property development? You bet. Are they harder to get done than when rates were 2% p.a. ? You bet! #propertyinvestment #propertydevelopment #realestatefinance Anthony Nocon Roel Capital

Sameer Chopra, Craig Godber, and Izzy O'Hara of CBRE Research released an interesting missive this week. In their forthcoming Apartment Outlook Second Half 2024 report, they are cutting forecast apartment supply for FY25 by 21% and FY26 by 36%. They see new apartment supply over the next five year period FY25-29 at circa 45% below pre-pandemic completion rates. They believe apartment values will rise by 30% to end 2026 due to the following: 1. Cost to construct (economic value) of new apartment supply is currently 23% higher than current prices. 2. Newer vintage apartment stock is already selling at prices which are 30% higher (2-bed) and 45% higher (3-bed) than older vintage stock – see chart below. 3. Falling interest rates will allow affordability to be maintained.  They forecast  8-10 cuts over two years In Sydney, they see the Hills District, Inner West and Parramatta accounting for 45% of Sydney's new stock over the next 5 years. In contrast, they see Bankstown, Eastern Suburbs, Northern Beaches and Sutherland Shire each accounting for less than 5% of future pipeline and these limited supply locations could be the  set-up for particularly strong price growth. You can access the full article here - https://lnkd.in/gnS9qKMp --- #PropertyExpert #BuyersAgent #BuyersAgentSydney #SydneyPropertyMarket #SydneyRealEstate #RealEstateAustralia #Apartment

As we close out Q1, the U.S. apartment market is showing positive signs, with demand exceeding pre-pandemic levels. While robust new unit deliveries are impacting national averages, the gap between supply and demand is narrowing. This trend bodes well for future rent growth and occupancy rates. #RealEstate #MarketTrends #Multifamily #assetmanagement

🏠 Property Price Records Across Australia’s Capitals – What Does It Mean for You? Prices for houses and units have hit record levels in Sydney, Brisbane, Adelaide, and Perth. While growth is slowing due to affordability pressures, this shift could create new opportunities, particularly as the market tilts toward buyers in certain areas. Is now the right time for you to make a move? Let’s discuss how these changes might align with your property goals! https://bit.ly/3YFKDkX 🔑 #PropertyInvestment #HousingMarket #RealEstateTrends #Affordability #HomeBuying #AustraliaPropertyMarket #MarketInsights #InvestmentStrategies 4o

Discover the latest trends shaping Brisbane's real estate market in 2024! From booming property prices to emerging suburban hotspots. Whether you're a seasoned investor or a first-time buyer, stay updated to make informed decisions. 🏡📈 For further information and queries contact: https://lnkd.in/g-Z3tPfw #BrisbaneRealEstate #PropertyTrends #InvestSmart #RealEstate2024 #BrisbaneProperty #MarketInsights