Sales
‘There doesn’t need to be a recession to dampen the mood in the UK housing market’ – Knight Frank
Knight Frank's research team assesses what the Bank of England's slashed forecasts mean for the property market.
Number of £500k house price hotspots up 50% since the start of the pandemic
One in six local areas across Britain now has an average house price in excess of £500,000, says Savills.
Heatmapped: London bounces back
After a period in the doldrums, prices across Greater London are now rising at their fastest rate since June 2016, reports Acadata
‘Little evidence of house price inflation losing much momentum’ – RICS
"It seems that limited supply available on the market, coupled with steady demand growth, are still the overriding drivers of house prices," says the RICS' chief economist.
Agency reports ‘sense of urgency’ in London market as more interest hikes loom
Sales enquiries across Chestertons’ 32 branches were up by 39% last month
Ranked: Britain’s top 10 seaside property price hotspots
Coastal homes have seen asking prices rise by 13.9% on average over the last year, outpacing the national average of 9.9%.
Country house market picks up pace as sellers ‘sense a slowdown’
“Having taken stock during the first three months of the year people are now coming to market and being decisive," says Russell Grieve, office head at Knight Frank Haslemere.
Returning demand for prime London property means competitive bidding and price rises
London living is certainly back in fashion, writes David Johnson, but the acute supply and demand imbalance is making for challenging buying conditions…
Talking Heads: Prime property agents on the end of POA
A longstanding feature of high-end listings, ‘price on application’, is on the way out after Trading Standards deemed the term both ‘misleading’ and ‘unlawful’.
£269.5bn-worth of residential property changed hands last year
The total value of UK homes sold in 2021 was 37% higher than in 2020.
‘The risks are rising’: Top analyst warns of a looming property market downturn
"Underlying fundamentals suggest house prices are reasonably priced at current levels," says Neal Hudson, but "the fundamentals may be about to change – potentially quite quickly."
Edinburgh house prices climb amidst ‘fierce’ buyer competition
Competition for family homes in Edinburgh is "fierce", says Knight Frank, while flats have "found renewed popularity after a pandemic-inspired hiatus.