Sales

The number of sales above £10mn in the capital has hit an eight-year high, writes Tom Bill, although political risks remain.

UK resi values are likely to 'fall marginally' in 2024, says property consultancy.

The days of Cornish property selling unseen, over the asking price, overnight, are a long and distant memory, says Josephine Ashby of John Bray Estates.

The sales data still shows a relatively subdued picture, but central London agents are reporting busy conditions across the prime postcodes.

'The overall picture in the last year was rather beige but there have been some pops of colour,' says PCL buying agency Black Brick.

Sentiment in the property market is becoming 'a little less negative', says the RICS.

16% more sales were agreed in Prime London last week compared to the previous seven days, but 15% fewer than the corresponding week last year...

Economics expert David Smith explains how the housing market has so far managed to swerve a major downturn in this piece for The Times.

Strutt & Parker's Central London offices enjoyed a 'significant' flurry of buying activity last month, with 84% more offers accepted in November than in October.

Exchanges have been running 40% higher than the five-year average in the leafy NW London neighbourhood, reports agency.

Almost twice as many homes have sold for more than £10mn in Mayfair this year than in 2022.

The property market displayed 'much-better-than-predicted resilience this year,' says Tim Bannister, despite a bigger than usual December dip for new asking prices.