The Market
Vintage year for high-value country house market as sales hit 15-year high
Wealthy domestic buyers after a lifestyle change have been capitalising on the relative value on offer, reports Knight Frank.
‘When you factor in cash and mortgaged transactions, the picture is less bleak’
Cash-based transactions are a significant part of the overall market and key in sustaining prices, notes Acadata.
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 Jackson-Stops, UK Finance, Zoopla, Knight Frank, Savills, Rightmove & more...
Rightmove predicts 2% drop for house prices next year
Asking prices are falling as 'sellers who are determined to find a buyer quickly adjust their expectations and adapt to a less frenzied housing market,' says Rightmove, as the portal predicts a 'relatively…
Prime Country Homes are not in a ‘cappuccino market’: Estate agency predicts only a ‘minor adjustment’ for house prices next year
Jackson-Stops thinks house prices will dip in some markets next year, before returning to positive growth in 2024.
Mike Boles: What’s in store for high-value mortgages?
It's been a turbulent few weeks on the lending front: Mike Boles explains what this means for borrowers...
‘Chronic lack of supply’ drives rents up 12% in a year
Zoopla expects rental price growth to calm down next year, despite continued low stock levels and high tenant demand.
Global house prices continue to rise, but are falling in real terms
Knight Frank's Global House Price Index showed an 8.8% increase in the year to Q3, down from a peak of +10.9% in Q1 2022.
Global agent survey reveals top buyer trends to watch
Savills agents around the world report on the impact of shifting sentiment in their markets, and the properties and features most in-demand post-pandemic...
Real estate markets will see ‘green shoots of recovery’ by the end of 2023, predicts CBRE
'The clouds will begin to break later in the year,' says CBRE's research chief, Jennet Siebrits.
House prices fall as the property market continues to slow – RICS
'The downturn in the housing market this time could be shallower compared with past experiences,' says Simon Rubinsohn, Chief Economist at the Royal Institute of Chartered Surveyors.
Home-buyers pick longer mortgage terms
Over a quarter of home-mover mortgages secured in Q3 were for terms of more than 30 years, up from fewer than one in ten a decade ago.