The Market
UK property market ‘defying all odds’ as more households gear up to move
Perhaps this is the new normal, suggests TwentyCi…
Property market moves ‘back to normal’ as Summer heat cools – Propertymark
Another market index tells of slowing buyer demand and less pressure on house prices.
Transaction numbers tumble from last year’s high
HMRC recorded 55% fewer residential property sales in June this year compared to last; it's the slowest June in nine years.
Vendors are now achieving 99.4% of asking price, on average
More property sellers are getting closer to their asking price now than last year, with 41% of postcodes seeing the average deal being done at or above asking.
Talking Heads: How fast will the property market slow?
"There is no doubt that there is a cool breeze blowing in the London market,” says Roarie Scarisbrick of buying agency Property Vision - but the consensus amongst 21 prime property pundits canvassed by…
Annual house price growth climbs to +12.8% – UK HPI
The latest official house price index tells of a 1.2% monthly increase for the average UK home in May, up from a 0.4% rise in the same period last year.
Mapped: Areas with the highest (& lowest) daily property price growth since the start of the pandemic
Zoopla estimates that the average UK home has seen its value climb by £48 every day since March 2020 - but some areas have seen significantly higher growth of up £106, while the value of many London h…
Five graphs that show what’s really happening in the London lettings market in 2022
Foxtons gets to grips with the supply/demand imbalance that’s driving rents skywards.
Prime country house price growth cools sharply as supply improves
Britain's country house market "is normalising" after a two-year pandemic-driven boom, suggests Knight Frank as price growth peaks.
BoE Governor warns of bigger interest rate jump next month
"There are no ifs or buts in our commitment to the 2% inflation target,” said Andrew Bailey, as he confirmed a 0.5% base rate hike is "on the table" for August.
Valuation Viewpoint: Eating Cardboard
The signs all point to hard times around the corner, says James Wyatt, although London should maintain its ‘safe haven’ status.
Resi investment set to breach £4.4bn record high this year
CBRE is forecasting 8% growth for average UK house prices through 2022, with any downturn in buying activity likely to take time to filter through to prices.