The Market
‘No sign yet of fundamental change in market conditions’ – Propertymark
'It is clear that a core portion of the country are still looking to get moving and are not put off by current conditions,' says Propertymark.
Industry Reactions: UK HPI shows no change for the average house price in May
The annual rate of property price growth slowed from +3.2% in April to +1.9% in May, according to the UK's official House Price Index.
Prime resi price growth slows across global cities
Dubai takes the lead for prime residential capital value growth in the latest Savills index.
Available rental stock up 28%, reports London agency
Chestertons has seen a welcome improvement in supply levels, compared to last year - but demand is still running high.
Demand for turnkey homes leads a ‘bumper run’ of prime deals in Marylebone
'We’ve seen a flight to quality,' says Nick Poppe, co-head of Savills Marylebone, as the office reports an 'exceptionally strong' run of top-end property sales.
Buyer & seller sentiment ‘remarkably stable’ – OnTheMarket
Portal's latest survey finds nearly two-thirds of sellers are still confident of securing a buyer within three months.
Philip Harvey: Three ‘stealth’ trends now coming of age in the London property market
'Knowing what will stay hot, and what will not, is important': From younger buyers redrawing the map, to market sectors that have literally sold out, PV's senior partner pinpoints the key themes to watch.
Asking prices dip as buying activity falters – Rightmove
Buyer demand 'remains resilient', says property portal - but transaction numbers have fallen as higher interest rates bite.
The number of retiree renters is set to double by 2030 as home-ownership rates ‘unwind’
Hamptons warns of 'significant social, economic and political consequences' thanks to an ageing population and a generational shift away from home ownership.
Average rents have climbed 9.4% in the last year, and ‘pressures seem likely to continue in the medium term’
Rents are rising across all GB regions, says Hamptons, although the pace of growth has cooled in Greater London and Scotland.
Economists predict ‘mild house price correction’ across Eurozone
European house prices fell again in Q1 2023, but at a slower pace than in Q4 2022.