The Market

Housebuilding target abandoned as the Prime Minister launches an independent review of access to mortgage finance. Property industry calls out proposals as "bluff and bluster".

Property prices may prove "resilient" in the face of rising interest rates and costs of living, but transaction numbers are "likely to slow as the year wears on," warn surveyors.

Average asking prices are rising at a slower pace than achieved sold prices, according to some analysis by London estate agency Benham and Reeves.

House price growth in global cities is outpacing national averages, according to Knight Frank's latest indices - but signs point to a general property market slowdown.

LonRes reports on Prime London's palatial price premiums

LonRes records spike in under-offer numbers as prices breach pre-pandemic levels

"The wealthier you are, the more confident you are," says a bullish Simon Leadbetter, Global CEO of Fine & Country.

"Later this week – if I am here later this week and I very much hope that I will be – Michael Gove and I will be setting out plans to kindle that dream of home ownership in the hearts of millions who…

Estate agency branches had an average of 15.6 properties available to rent in March this year, says Propertymark, down from 30.4 in March 2019.

One in ten homes sold across the UK so far in 2022 were only marketed quietly, rather than being openly broadcast on the portals. That figure rises to nearly a quarter in London and prime country markets.

Estate agents agreed an average of nine sales per branch in April, says Propertymark - roughly in line with the long-term average, despite a continued shortage of homes available to buy.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Propertymark, Knight Frank, Hamptons International, Savills & more…