The Market
BoE bumps interest rates up again, to 3.5%
Interest rates continue to climb as the BoE attempts to bring CPI inflation down.
Major agency predicts ‘exceptional’ year ahead for PCL
Carter Jonas thinks Mayfair, Marylebone, Kensington and Chelsea will outperform all London markets in 2023 as more cash buyers flock from overseas.
Savvy buyers snap up ‘Christmas bargains’ as competition drops by a third
'The sales market is firmly back in the hands of buyers,' says Propertymark.
Global real estate markets slow as interest rates climb
'Real estate returns have slowed, and transaction activity has fallen as some deals agreed at prices prior to the slowdown have been aborted,' says UBS.
London house prices dip but the wider property market remained robust in October – UK HPI
London's average house price fell by 0.9% in October, according to the official UK House Price Index, while the national average property value nudged up by 0.3%.
Buying agency picks 11 top trends to watch in 2023
House price predictions have been coming in thick and fast over recent weeks, but what type of properties and features are going to be in high demand in 2023?
Prime Central London agency reports ‘sharp rise’ in big-ticket short lets
Russell Simpson is putting 'more focus' on short-term rentals, after noticing a spike in demand across PCL.
Nicky Stevenson: ‘A very different year beckons’ in 2023
'Although the reputation of the UK suffered damage in the autumn, the stability afforded in recent weeks will do much to restore confidence,' says Fine & Country chief Nicky Stevenson, as she reflects…
Tom Bill: Don’t read too much into current UK housing market data
KF's UK resi research chief explains why we are unlikely to see much clarity on the longer-term trajectory for house prices until March next year...
Prime London property buyers ‘are hesitant but haven’t disappeared’
Knight Frank's latest analysis of the prime London property market tells of a clear slowdown in buying activity - but a price crash seems unlikely.
Economists predict ‘at least 10%’ slump for UK & US house prices next year
Credit Suisse has reiterated its prediction of a significant correction for global house prices.
Property transactions likely to drop by more than fifth in 2023 – UK Finance
Britain's banking trade body expects the housing market to return to pre-pandemic activity levels next year.