The Market
Property sales jump 25% as mortgage rates ease
Zoopla's latest index tells of a sharp rise in home-buyer demand, pushing house price growth into positive territory.
Prime rental price growth falls to lowest level in three years
'Best-in-class stock is still moving quickly, but broadly there is much less urgency in the market,' says Savills.
Knightsbridge named UK’s ‘slowest’ property market
Listings in the PCL neighbourhood are taking an average of 135 days to find a buyer, new Rightmove analysis shows.
‘Imposing indiscriminate tax hikes is a short sighted approach’: A top buying agency’s Budget wish list
As a 'painful' Autumn Statement looms, Black Brick boss Camilla Dell shares her views on what the Chancellor should address.
Home-buyer demand dipped in Q3 but remains up on last year
'Interest rates simply haven’t fallen as quickly as many buyers may have hoped, so there remains a sense of buyer hesitation across the market,' says GetAgent after trawling Rightmove data.
Prime London Property Market Snapshot: Week 39, 2024
More new instructions and more homes going under offer than at this time last year, but fewer sales being agreed and more price reductions...
Country market slows as ‘discretionary’ buyers hesitate
Offer levels during the last three months were down by over a quarter on the five-year average, reports Knight Frank; average prices are now 7.4% below their last peak in Q2 2022.
Industry Reactions: Mortgage lending ticked up in August
Bank of England data show an increase in mortgage approvals, remortgaging activity, and in net borrowing.
‘Mixed fortunes’ for prime housing markets as pre-Budget nerves offset falling mortgage costs
"Prospective tax changes in the impending budget have caused buyers to become more cautious in the prime housing markets, offsetting the benefit of lower interest rates," says Savills.
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 LonRes, Foxtons, Henley & Partners, Savills, Knight Frank & more...
Chancellor rethinking non-dom tax raid – reports
Treasury 'fears some measures may fail to raise any money' if more HNWIs vote with their feet; boss of major property firm warns wider Labour language is 'halting investment and decisions' .
Postcard from Montenegro: ‘The luxury segment has seen a significant continued surge’
Montenegro's real estate market 'stands at a pivotal juncture' as the country looks towards EU membership, writes Natasa Grdinic of CMM Investment Consulting Group.