Sales

Sellers recognised the change in sentiment last year and responded with realistic pricing, reports Hurford Salvi Carr, while buyers competed for 'best-in-class' options.

Top-flight housing market analysts have dramatically raised their expectations for house price growth this year, revising the 2024 forecast up from a -4% drop to a +3% increase.

20% more sales were agreed in the opening week of this year than in the same period last year, while the traditional January asking price rise is more than double the 20-year average.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Rightmove, Knight Frank, Zoopla, Hamptons, Oxford Economics & more...

'The start of 2024 has been far more positive than this time last year,' notes one estate agency boss.

Buyers are returning to the market as mortgage rates start to fall, says estate agency.

From asking price hotspots to property search trends, Rightmove has flagged some key trends from its 2023 data.

After a subdued 2023, Hamptons expects the supply of homes available to buy to improve this year, although 'confidence could still be vulnerable to economic shocks and global events'.

London's prime property market has started the new year as it left 2023 - pretty quiet.

Many market-watchers expect property prices to bottom out this year. But there's an even bigger than usual caveat to all the predictions...

'Steady as she goes' theme likely to continue in the year ahead, despite potential election uncertainty, says data firm boss.

REDD's Henry Lester & Knight Frank's Tom Bill shared their predictions for the year ahead at a recent networking event in Mayfair.