The Market
‘Downward pressure’ hits land values in London
Concerns over future demand and pricing have led many developers to become 'more selective', reports Savills.
Christmas slowdown ‘has come early for the housing market’, says Zoopla
'It's like Christmas has come early for the housing market,' says Zoopla's top analyst, Richard Donnell, as the portal records a marked slowdown in home-buying activity following political and economic…
Asking rents in London have jumped by 16% in the last year
'It’s a real challenge for renters at the moment,' says Rightmove, 'as there are simply not enough homes available to rent to meet the demand from people enquiring.'
Truss resigns as Prime Minister
Another Tory leadership election will take place 'within the next week'.
Property sales supply jumps by 50% – Propertymark
"The extreme pressure may be coming off the market, but it has a long way to go yet before we see it return to normal," says Propertymark, as supply improves but demand remains high.
How much is the off-market worth?
£30.9bn-worth of property changed hands without public marketing in 2021, according to an estimate by a property fund.
The property market ‘will probably polarise more’ – Yolande Barnes
Prime property prices 'may not be as overheated as they are looking in some mortgage-reliant mainstream markets,' argues former Savills research chief Yolande Barnes, in some new analysis commissioned…
‘Definitive change’ in consumer confidence as the property market hits an ‘affordability tipping point’ – Garrington
'The short-term outlook is likely to remain tainted with uncertainty and concern because of recent events,' says buying agency Garrington, before reassuring us that 'as has been seen previously with shock…
Annual house price growth slowed to +13.6% in August – UK HPI
The latest official House Price Index shows "a slight cooling in year-on-year growth, but it’s far from being a blizzard," comments Jackson-Stops boss Nick Leeming, while Knight Frank points out that…
Charlie Ellingworth: Chickens coming home to roost
This is a time of maximum gloom, writes Property Vision's Charlie Ellingworth, but property markets are nuanced - and there is no one size fits all...
Prime London flat prices jump 11.8% as the capital shows ‘a slow but steady return to health’
New analysis of LonRes data confirms that the pandemic-drive 'race for space' is over in the London, with demand for apartments now significantly outpacing that for houses.
Home-buyer & seller sentiment ‘remains robust’, says portal
'There’s evidence that buyers feel the market is moving in their favour,' says OnTheMarket boss Jason Tebb, as the portal reveals results of its September Sentiment Survey - conducted before the now-unravelled…