The Market
CBRE upgrades UK house price forecast to positive territory
Major agency now expecting growth of 1% in 2024 in anticipation of 'modest' second-half recovery; London to outperform over the next five years with growth of 18.6%.
‘The industry wants regulation & consumers need it’, Propertymark policy chief tells MPs
Trade body estimates that failed transactions cost consumers around £260mn a year, while estate agents and conveyancers lose c.£1bn, and approximately 4 million working days annually.
Prime London Property Market Snapshot: Week 19, 2024
Weekly LonRes data shines a light on current property market trends.
‘We have a steady, robust housing market with green shoots’ – Strutts
Key metrics are all up in 2024, reports major agency, telling vendors 'now is the window to sell' before the general election.
Charlie Ellingworth: On climate change & the coastal property market
Property Vision's co-founder reports on the big themes at play in Britain's seaside hotspots, including the effects of climate change on perceptions of the market & the arrival of a new cohort of buyers...
‘Relatively healthy demand’ drives rebound in global prime property prices
Knight Frank’s Prime Global Cities Index is climbing at its fastest rate since 2022, but these are not 'boom conditions', says research head Liam Bailey.
Tom Bill: Country market warms up as temperatures rise
There are signs of a seasonal pick-up in activity but higher mortgage rates are keeping demand in check, reports Knight Frank's head of UK resi research.
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 Coutts, the RICS, Savills, Rightmove, Foxtons, Knight Frank, Propertymark & more...
North-South property market divide ‘continues to close’
Home-buying activity is on the up but 'a big bounce back in house prices this year still seems unlikely,' says Aneisha Beveridge of Hamptons.
MPs to quiz housing market experts on ways to improve the home buying & selling process
The Levelling Up, Housing & Communities Committee will question leaders from the RICS, Propertymark, HomeOwners Alliance, Open Property Data Association, the Home Buying & Selling Group, and The Conveyancing…
Ranked: The world’s 50 wealthiest cities in 2024
London has lost 10% of its high net worth population over the last ten years, pushing the UK capital down to fifth place on a list of the world's most millionaire-heavy cities.
Property industry reactions: Bank Rate held at 5.25% for a sixth time
The latest inflation figures are 'encouraging,' says the Bank of England, 'but we are not yet at the point of cutting interest rates.'