The Market

Victory in Makerfield will reignite debate over government’s economic priorities and possibility of property tax reform, says Knight Frank's head of UK resi research.

Proposals include upfront 'sales packs', binding contracts and possible mandatory agent qualifications.

'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.

Continued caution from the Monetary Policy Committee was anticipated by most property market pundits.

Zoopla says leasehold flats 'present an opportunity' for buyers 'who are prepared to do their homework' as reforms hove into view.

Supply is high and rising, but 8% fewer sales were agreed in May this year compared to last.

Wealth manager's data 'challenges the assumption that property is the most dependable route to building wealth'.

Latest data: Under offers are up, but values are down by more than 5% year-on-year and price reductions are running at record levels.

'Homeowners breaking out the champagne in response to the apparently dizzying jump in house price growth should put it back on ice,' says one buying agency boss.

Agency's analysis of five years of £1mn-plus sales data shows why realistic pricing matters more than ever.

Sustainability is now a 'cross-cutting responsibility' for all surveyors, says the RICS, as it embeds climate risks into valuation advice.

Annual forecast trimmed by 70,000 as geopolitical uncertainty weighs on demand.