The Market

Current predictions of a long and drawn-out recession are overdone, writes Glentree boss Trevor Abrahmsohn.

Financial markets are currently forecasting interest rates of around 4.

Stamp Duty revenue leapt to a record high in Q3, but the property market is now cooling from its pandemic boom.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Knight Frank, JLL, Credit Suisse, Savills, London House & more…

Weak UK housing market data in October is not a reliable indicator for what comes next.

Strutt & Parker has revised down its 2022 and 2023 house price forecasts as borrowing costs rise.

Nearly £1.2bn was pumped into the UK's build-to-rent sector in Q3, reports Cushman & Wakefield, up from £600mn in the same period last year.

Savills has updated its five-year property market forecasts, predicting price drops in all regions and sectors in 2023.

Only a few nations saw their UHNW population fall last year;

The UK's base rate of interest has jumped by 0.75% in the biggest single rise since the 1980s.

The harsh reality of rising inflation and interest rates mean the Goldilocks era is over, writes James Wyatt.

'I have at least seven clients I have bought houses for who are waiting to press the button on big projects. All of them are waiting on planners for one thing or another.'