The Market
Policy Watch: Three big resi reforms to watch this year
2023 will see some major - and long-awaited - changes to the legislative landscape. Two lawyers look ahead to some key reforms that are likely to affect the residential property sector...
Buyers & sellers ‘get on with moving’ as sentiment holds up
60% of properties were SSTC within 30 days last month, reports OnTheMarket, up from 42% in November
Prime rental price growth slows as the market becomes ‘less frantic’
Savills expects prime London rental growth to calm from its double-digit run to +5.0% over 2023 and +3.0% by the end of 2024. The prime commuter belt is set for an even sharper slowdown.
‘Time to tax the rich’: Campaigners pitch four proposals to curb the growing wealth divide
'Greater taxation of rich people is not the only answer to the inequality crisis, but it is a fundamental part of it,' says Oxfam.
New listings continue despite buyers putting home-moves ‘on hold’ in Q4
Landmark's Q4 transactions data tell of 'a property market on hold as movers wait for the new year to take action'.
Net Zero Review proposes three steps to deliver ‘cleaner, cheaper, greener homes’
Chris Skidmore's Net Zero Review zeroes-in on the need to ramp up energy efficiency across Britain's housing stock - but falls short of providing practical help for property owners.
‘Frustrated’ sellers boost London’s lettings inventory
The rental market is finally showing signs of normalising, reports Chestertons
Rightmove reports ‘a more encouraging start to the year than many anticipated’
Property portal notes 'tentative sign of stability' as asking price rise in January after two negative months.
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 Rightmove, Zoopla, JLL, Knight Frank, the ONS & more...
‘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