Analysis: Could this be the fabled bottom of the market?
Possibly, but the latest positive house price data could also be the symptom of a weak market, explains Tom Bill - and it wouldn’t be sensible to jump to a firm conclusion this side of Christmas.
Tom Bill is Head of UK Residential Research, producing reports that include Knight Frank’s flagship Prime Central London indices, the Super Prime London Insight and the London Residential Review. He has written detailed reports on London sub-markets and contributes to The Wealth Report and Global Cities report. Tom, a former Bloomberg and Reuters property journalist, is a regular media contributor on the London property market and has presented at events in Europe and the Middle East.
Tom Bill: The prime London property market remains in a holding pattern
Property prices in London have been far less volatile than the rest of the country during this latest period of economic turbulence, says Knight Frank's research chief.
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Currency Matters: Chart analysis suggests we could see a property market bounce as early as February
Applying the kind of long-term analysis used in the financial world indicates the UK housing market is approaching a pivotal moment, explains David Huggett...
Inflation data proves inconclusive for UK housing market
Financial markets expect further rate hikes but the significance for mortgages is less clear, explains Tom Bill.
By Tom Bill
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