The Market
Winkworth warns on profits as sales revenue drops 20%
"Property prices have held up reasonably well but transactions have slowed, leading to a high number of agreed sales being delayed to the second half of the year," says leading estate agency.
Encouraging lead indicators give rise to ‘cautious optimism’ in Prime London
'Buyers are still out there and they are keeping the market moving and underpinning values – at least for now'
Lack of stock still driving up prices in prime rental markets
But rental stock 'is not as scarce as it was this this time last year,' says Savills - and 'only the highest quality homes can now expect multiple bids.'
The king is dead, long live the king: LonRes’ Anthony Payne on the half-comm market
Throughout the many ups and downs of recent decades, the inter-agent market has prevailed - and those who have embraced it have tended to do rather well, says the LonRes MD.
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 JLL, Zoopla, Knight Frank, LonRes, Savills & more...
Bloomberg: London is falling down and it’s because of climate change
Erratic and extreme weather patterns are driving a worrying - and expensive - surge of subsidence claims across the capital and South East England.
Surge in luxury holiday homes being put up for sale as ‘even the wealthier people want to ditch the debt’
"The surge in the number of holiday homes coming onto the market in the South Hams is hard to miss," says the founder of Salcombe-based luxury rentals firm Finest Stays.
PCL prices have fallen 5.9% in the last year – JLL
'The implications of stubborn inflation on the UK mortgage market are hampering activity in Prime Central London,' says JLL.
Ranked: The new ‘must-haves’ for house-hunters
A survey by Jackson-Stops reveals what home-buyers are prioritising - including energy-saving measures, proximity to a public park, and having a downstairs loo.
Total value of UK housing market ‘hits £10.7 trillion’
Zoopla flags 'a postcode lottery' across the UK, with a roughly even split between the number of homes seeing values rise and fall.
Cash buyers dominate in Prime Central London as mortgage rates climb
Nearly three-quarters of recent residential property deals in Prime Central London involved cash buyers, according to analysis by Savills.
Global house prices rise at slowest pace since 2015
Knight Frank's latest Global House Price Index slowed to +3.6% in the 12 months to Q1 2023, down from 5.7% in the previous quarter.