The Market

After a challenging run of economic strife and escalating interest rates, Knight Frank's research team has revisited property market predictions for 26 prime global cities in 2023 and 2024.

Transactions have also slid, and were at their lowest level since the GFC in H1, reports Acadata.

Foxtons reports a 6% improvement in lettings stock in the capital.

"'Buy in haste, repent at leisure' applies throughout the property market – but especially to new builds."

Anyone buying, selling or re-mortgaging should watch the numbers closely on Wednesday, says Knight Frank's head of UK residential research.

Rental prices continue to climb at an eye-watering pace, reports Hamptons, as capital growth tails off.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Knight Frank, Hamptons, JLL, Benham & Reeves & more...

"There is less emphasis being placed on the home itself and more on what the local area can provide," says JLL after surveying private renters across London and the UK.

Knight Frank expects Edinburgh's average property value to drop 10% over the next 18 months.

July's survey of surveyors yields 'concerning' insights on both sales and lettings markets across the UK.

Hong Kongers own the biggest property portfolios of any foreign nationals across England and Wales, according to some recent research - with an estimated £10.

The market is showing 'remarkable resilience' in the face of economic headwinds, reports TwentyEA.