The Market
Demand for prime London property bounces back as top-end buyers return
"We’ve seen a real mark of intent from high-end buyers" in prime London, says estate agency boss, as demand climbs after slow start to the year.
Monday Market Review: Key figures and findings from the last seven days (w/c 20.06.22)
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Bricks & Logic, Propertymark, Chestertons, OnTheMarket, Knight Frank & more…
Russell Simpson’s Charlie Woods on navigating turbulent markets
Charlie Woods, head of the lettings department at longstanding RBKC agency Russell Simpson, reflects on the turmoil of the last two years, and predicts where the prime rental market is headed next……
Knight Frank raises property price forecasts as supply stays low
“House price growth is peaking as supply rebuilds and mortgage rates normalise," says Knight Frank's research chief, Tom Bill.
11% of homes listed for sale find a buyer with 14 days
GetAgent reckons some areas are seeing one in every five new property listings find a buyer within a fortnight.
Short lets could need planning permission under new devolution proposal
"I understand that regional mayors may soon be given the power to ban properties from being used as short-term lets," writes James Forsyth, political editor of The Spectator, in The Times.
‘No sign from agents that the good times have yet ended’ – Propertymark
Estate agents "continue to report a strong, stable market," says Propertymark, with 78% of sales being agreed above asking price.
Buyer demand still surging in London, reports major agency
’Unsatisfied demand’ is putting further pressure on prices, reports Chestertons, after another big month for buyer enquiries
Six Years On: UK Vs EU house price growth since the Brexit vote
Average house prices across the EU-27 have increased by 39% since 2016, while the UK has seen 31% growth.
Bloomberg: The world’s bubbliest housing markets are flashing warning signs
Enda Curran examines the potential impact of a global housing market slowdown on the world’s economy in this Bloomberg deep-dive
House prices continued to climb in April – UK HPI
Official data - which comes with a time lag - tells of a continuing property market boom.
‘Remarkable buyer & seller confidence prevails’ – OnTheMarket
An inevitable rebalancing of supply and demand "will take time", says property portal. Until then, "the ‘new normal’, an elevated version of the pre-pandemic market continues."