August sees ‘much larger than usual price drop’ – Rightmove
Average UK asking prices are now 2% lower than at their peak in May - but remain nearly a fifth higher than in August 2019.
‘The belated spring price bounce has quickly turned into an earlier than usual summer slowdown’ – Rightmove
Property portal still expects average asking prices to end 2023 2% lower than they started they started the year.
House price growth slowed further in June ‘but the fall was gentler than we have seen in previous months’ – UK HPI
The average UK house price was £287,546 in June 2023, which is £5,000 higher than 12 months ago, but £5,000 below the recent peak in November 2022.
Knight Frank expects Edinburgh's average property value to drop 10% over the next 18 months.
Companies in this articleRightmove
Longstanding independent firm ramps up resi division with recruitment of high-profile broker & star of Britain’s Most Expensive Houses as head of sales.
CBRE and Beauchamp Estates are about to launch sales at Three Kings Mayfair, for JV developers 1.61 London, Urbanwise and Valpre.
Andrew Russell & Ben Bentley's independent firm, The Country House Department, is on course for a 'record' year following a number of big-ticket deals.
Boutique development on Mount Street houses four luxury apartments designed by Rigby & Rigby, plus some retail and office space.
High-end specialists from Savills summarise the key drivers shaping the PCL lettings & sales markets this year.
Hamish Bruce has joined Inhous following stints at Marsh & Parsons and Black Brick.
Freehold swathe on sought-after Tite Street has scope for a significant prime resi scheme.
Walnut Tree House in Hampton Wick comes with a boathouse and private mooring, and was once home to the owner of Fortnum & Mason.
While eco-solutions require significant investment in terms of both strategy and execution, the long-term gains are already evident, explains Strutt & Parker's Josh Ayres.
By Josh Ayres
Real estate continues to be the largest concentration of wealth in the world, reveals Savills, worth almost four times the value of global GDP.
PCL has once again gone ‘on sale’ due to a near-term tumble for GBP, reports David Huggett.
Fixer-uppers are in high demand, says Rightmove.
The latest weekly data from LonRes shows a continuing spike in asking price reductions across both sales and rental markets.