The Market
‘More pain likely for global housing markets,’ warn economists
'The rapidity of recent price declines in economies like Sweden, Canada, New Zealand, and Australia suggests prices may retrace a large part of their previous boom,' says Adam Slater of Oxford Economics.
Tom Bill: The impact of cheaper mortgages may eclipse house price declines
Effect will be more marked for those with higher loan-to-value ratios, says Knight Frank's UK resi research boss...
Former Housing Secretaries back report ‘demolishing housing market myths’
Former housing policy-makers Sajid Javid, Simon Clarke, Brandon Lewis and Kit Malthouse agree that housebuilding policies have not been good enough.
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, Savills, Rightmove, Foxtons, OnTheMarket & more...
What 2023 has in store for the world’s leading city residential markets
17 of the 30 locations tracked by the Savills prime residential world cities index are expected to record slower growth in 2023 than in 2022, but 13 are forecast to equal or exceed last year's price…
Why Canada’s ban on foreign homebuyers is unlikely to affect housing affordability
A new act in Canada bans non-citizens, non-permanent residents and foreign commercial enterprises from buying Canadian residential properties;
London rents jumped 20% in 2022, and demand remains high
Demand for rental homes in London 'remains high and I do not see a great glut of stock on the horizon,' says Sarah Tonkinson of Foxtons.
High-end listings soar in London as ‘bumper’ market tempts vendors
New £5m-plus instructions in Q4 were 74% higher than the pre-pandemic average, reports LonRes
Property market continues to cool – RICS
The latest RICS data on residential property deals, demand, new instructions and prices all point to a continued market slowdown.
UK house prices dipped in November – official data
The average UK property price fell by 0.3% in November 2022, according to the official House Price Index, but London saw a 0.1% rise.
Policy Watch: Three big resi reforms to watch this year
2023 will see some major - and long-awaited - changes to the legislative landscape. Two lawyers look ahead to some key reforms that are likely to affect the residential property sector...
Buyers & sellers ‘get on with moving’ as sentiment holds up
60% of properties were SSTC within 30 days last month, reports OnTheMarket, up from 42% in November