The Market
How much property does US$1mn buy around the world?
Those buying in US dollars can get much more bang for their buck this year - especially in London's most expensive neighbourhoods...
Knight Frank slashes housing market forecasts as buyers feel the squeeze
Agency now expects prices in the UK to fall by 5% next year and in 2024, wiping out the growth that took place during the second half of the pandemic.
Prime Central London property prices and rents continue to climb
'We sense increased downward pressure on both prices and activity in the year ahead' for mainstream property markets, says JLL's research chief - 'but we don’t think this is necessarily the path the p…
London’s prime property market shows ‘signs of a slow but steady return to health’ – but super-prime sales struggle
Demand for £2mn+ homes in London continued to climb in Q3, according to analysis of property portal data, while a lower proportion of open-market £10mn+ properties are finding buyers than last year.
Average length of PCL tenancy nears two years
Competitive market conditions have led to more tenants staying put, reports LCP.
Homebuyer demand eases across the country
A lower proportion of property listings were marked as sold in Q3 this year than last, reports GetAgent - with Bristol and London the only places to see an increase.
‘Intense’ tenant demand fuels record prime rental growth in London
Current growth rates 'cannot be sustained,' says Savills, as its prime lettings index records the highest annual increase since it started in 1979.
Chancellor reverses top-rate tax cut
Kwasi Kwarteng has done a sharp u-turn on a proposed tax cut for those earning over £150k.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Savills, Rightmove, Knight Frank, Propertymark, Zoopla, Search Acumen & more…
The mini-Budget: What next for mortgages?
The government needs to calm financial markets as well as voters ahead of the next general election, says Tom Bill.
Property sales supply picks up, but still out-paced by buyer demand – Propertymark
'The number of properties available to buy is recovering from the mad dash we had before,' says Propertymark boss Nathan Emerson.
The rental market is ‘a pressure cooker getting hotter’ – Propertymark
77% of letting agents reported rising rents in August, says industry trade body.