The Market
Global housing markets show ‘surprising resilience’ in the face of higher rates
'The resilience of global house prices is surprising in light of rising costs for mortgage borrowers,' says Knight Frank - although resi transaction numbers have tumbled by 15% to 25% in many developed…
Postcard from Cornwall: The impasse has passed!
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.
Positive signs emerging in Prime London as economy stabilises – LonRes
The sales data still shows a relatively subdued picture, but central London agents are reporting busy conditions across the prime postcodes.
Industry Reactions: BoE holds interest rates at 5.25%
'The Bank of England’s decision to hold Bank base rate at 5.25% is likely to bring more confidence to the UK housing market,' says Savills.
From ‘cash is king’ to the price crash that never was: Ten lessons 2023 taught us about London’s property market
'The overall picture in the last year was rather beige but there have been some pops of colour,' says PCL buying agency Black Brick.
Estate agency numbers rise despite cooling property market
The number of estate agents operating across the UK has increased by 1.9% in the last year, despite a decline in transaction numbers.
Housing market outlook improves, but surveyors remain ‘cautious’
Sentiment in the property market is becoming 'a little less negative', says the RICS.
Rightmove heralds ‘Boxing Day bounce’ for property market activity
A record number of new sellers came to market on Boxing Day last year, says Rightmove - 46% higher than 2021 and 173% above pre-pandemic 2019.
Tenant demand drops by a fifth in London – Foxtons
The market is returning to more typical levels, reports the estate agency.
Real Estate Legal Digest: An essential guide to the latest developments shaping the UK property market
Stay abreast of the key policies & issues affecting the sector with our regular legal briefing, prepared by Boodle Hatfield's team of experts.
‘Normal trading conditions’ return to London’s prime rental market
'The meteoric rental value growth seen in recent years has calmed down,' says Knight Frank.
Ranked: Which prime London areas have the largest homes on the market?
'Size really does matter' says Foxtons CEO.