The Market
Property demand drops by nearly a fifth
Estate agencies report 19% fewer house-hunters registered per branch in January 2019 compared to January 2018.
Property price inflation slows in UK cities
The average gap between asking prices and agreed sales prices in London has widened from just 1% three years ago to 5.1% today, reports Zoopla.
Ranked: Britain’s fastest selling locations
It now takes an average of 77 days for a property to go under offer, says Rightmove, up from 72 a year ago. The North West has seen the biggest acceleration in time taken to sell a home.
‘Renting remains more cost effective than buying’, says Winkworth
Estate agency's analysis argues that average rents in London have risen by just 2% since 2006, while sold prices have escalated by 55%.
Ranked: The top ten risks to the global economy in 2019
The Economist Intelligence Unit identifies and assesses the ten most pressing risks to the global political and economic order.
‘Bad news continues’ in Prime Central London
Prices and transactions down in a 'weak' start to 2019, reports London Central Portfolio; uncertainty in the capital has now 'permeated to the rest of the UK'
Voluntary Mansion Tax: RBKC looks to follow Westminster’s lead
Kensington & Chelsea to launch consultation on tax experiment pioneered by Westminster last year, asking high-end homeowners if they would like to 'contribute a little more to the borough'
Market Snapshot: Mayfair
How have transactions and prices been holding up in the most exclusive of London enclaves?
Average mortgage payments as a proportion of income have dropped from 43% in 2008 to 31% in 2018
'Owning a home with a mortgage now more affordable than 10 years ago', according to mortgage firm Private Finance, despite house prices soaring by 29%.
The number of £1m+ homes Britain ‘has fallen by 35,000’ in the last year
Guildford, Cambridge & Sevenoaks are Britain's top towns for property millionaires, says Zoopla, while over half of the homes in Kensington & Chelsea are worth more than £1m.
Transaction numbers hold up – ONS
Official figures indicate that the monthly volume of residential property transactions is now close to the ten-year average, with little change over the last year.
Bumper start to 2019 for Chelsea stalwarts
Letting division of venerable PCL agency Russell Simpson reports busiest January in recent years, with deals up fourfold on 2018