The Market
‘There’s reason to be more optimistic about the market than many would have you think’, says portal’s research chief
Zoopla's Richard Donnell argues the impact of higher mortgage rates has been 'overestimated'
Record-breaking rental growth continues, with central London rents up 15% on the year
'2022 has been a record-breaking year for rental growth,' says Hamptons. 'But even so, rents have failed to keep pace with wider inflation, and indeed landlords’ rising costs.'
London buyers face slim pickings as vendors sit tight
Chestertons expects 25% fewer properties will come onto the market and change hands in 2023, compared to a ‘normal’ year
Buyers spent a record £5.2bn on PCL property last year
...but prices and stock levels both fell in the final quarter, reports JLL.
Annual house price growth dips below 8% – Acadata
December's figure of 7.8% was down from November’s 9.2%, and the peak rate of 12.9% recorded in August 2022.
UHNW Attitudes in 2023: Ten key insights from top wealth managers
Four in ten ultra-high-net-worth individuals grew their wealth in 2022, according to Knight Frank's latest research, despite a year of ‘Permacrisis’.
Prime country market still active, but buyers now want value for money – Savills
'There is an argument for vendors to consider an earlier public market launch this year', says new boss of the agency's country department.
Only one in six landlords plan to increase their portfolio in 2023
Property investor confidence 'remains robust, despite the government’s best efforts', says a real estate lender.
Tom Bill: ‘Taking the right mortgage at the right time could prove more fruitful than waiting for prices to bottom out’
Track the mortgage market not house price data to get the timing right in 2023, says KF's head of UK resi research.
This is where to buy in London in 2023, according to a top buying agency
Black Brick has picked Mayfair, St John's Wood, North Ken, Acton and Herne Hill as its five locations to watch in the year ahead. Here's why...
Why are there so few homes to rent? Zoopla’s research chief explains…
'The UK's private rental market is going through a period of rationalisation and consolidation after more than a decade of very rapid growth up until 2016,' says Richard Donnell.
Average home seller profit tops £100k
'Even if prices do fall this year, it’s likely that over 90% of sellers will still sell at a profit,' says Hamptons' research chief.