The Market

Annual rate is at its highest level since Savills records began in 1979.

New Prime Minister has appointed familiar faces to key positions in the Cabinet.

Gathering economic headwinds have done little to dampen demand for prime property in London, reports Savills.

Uptick in sales agreed puts UK on track for 1.2 million transactions in 2022.

Belgravia & Knightsbridge have been making a comeback as international buyers go in search of bargains.

Former Chancellor Rishi Sunak is moving into 10 Downing Street, after Penny Mordaunt and Boris Johnson dropped out of the latest Conservative Party leadership contest.

Savills has counted 640 branded residential developments around the world, delivering nearly 100,000 homes.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Rightmove, Propertymark, UBS, OnTheMarket & more…

Concerns over future demand and pricing have led many developers to become 'more selective', reports Savills.

'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…

'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.'

Another Tory leadership election will take place 'within the next week'.