The Market
Rising interest rates & cost of living ‘yet to impact’ prime property buyer budgets
“With the market as competitive as it is, motivated buyers can ill afford to reduce budgets, despite rises to mortgage rates and household bills," says Savills.
Charted: Real house price inflation over the last 40 years
Using OECD data, content creator James Eagle has compared real house price growth in key international property markets over the last four decades.
Bath named Britain’s city property hotspot, as asking prices jump 15% in a year
Rightmove charts which UK cities have seen the biggest leaps in average asking prices in the last 12 months.
UK house prices likely to fall in 2023 & 2024, predicts Capital Economics
Influential forecasting house expects average property values to drop by 5% overall through 2023 and 2024.
The average estate agent sold 19% more homes in 2021 than in 2020
Estate agencies sold an average of 46 properties in 2021 - seven more than in the previous year.
Return to the office revives market for PCL flats
Renewed appetite for apartments may tempt some reluctant sellers to list their properties, suggests LCP
Ranked: Britain’s best places to live in 2022
Prime property buying agency Garrington has rated and ranked nearly 1,400 towns, cities and villages across the UK - measuring a dozen criteria ranging from green credentials and architectural beauty to…
Talking Heads: What’s happening in the prime property market right now, according to top buying agents
Where is all the stock; what will happen to prices; and which areas are buyers flocking to right now?
International execs returning to PCL, reports agency
Corporate relocation searches were up by 150% in Q1, according to Winkworth, in a 'positive sign' for the sales market
‘Weary’ buy-to-let sector sees lending drop 8%
The buy-to-let sector is "a tad weary," says the boss of property lender Octane Capital, as a result of what he calls a "war waged on the nation’s landlords" since 2015.
Developers scale-back tall building projects in London
The number of planning applications to build skyscrapers in London has dropped by more than 13% in the last year, according to the ninth annual London Tall Buildings Survey by New London Architecture and…
‘The ball is still firmly in the seller’s court’ as the Spring property market kicks in
"Buyers are still predominantly paying asking price and above meaning the ball is still firmly in the seller’s court," says Propertymark in its latest monthly market update.