The Market
Super-prime sales tipped to climb further after ‘pivotal year’ for global markets
Knight Frank counted 1,782 sales above $10mn in key super-prime property markets through 2023, worth a combined $31.9bn.
Long-term analysis shines spotlight on Knightsbridge’s ‘fall from grace’
'Could now be the time to go shopping?' asks LonRes MD
Industry Reactions: ONS data shows average house prices increased in January
Official UK HPI data indicates new-build sales are driving price increases while resale property values continue to fall.
‘We are at last observing a rebalancing of supply & demand’: Waterside locations led a surge of sales listings through last year
New analysis identifies property market hotspots that have seen the biggest increase in property listings.
London estate agency reports 18% jump in sales
'London’s property market remained extremely busy throughout February,' says Matt Thompson, Head of Sales at Chestertons.
Prime London rental stock levels up by nearly 50%
Return to normality continues, but supply levels are still 25% down compared with the same point in 2020.
Prime London Property Market Snapshot: Week 11, 2024
10% fewer sales have been agreed across the prime London postcodes so far this year than in the same 11-week period in 2023.
Prices & sales slip in Prime London but market still ‘operating normally’
'Discounts, reductions and time on the market are all broadly in line with long-term trends,' reports LonRes.
Why the price expectation gap between buyers & sellers risks widening
Rising supply and mortgage rates may increase downwards pressure on asking prices, explains Knight Frank's head of UK resi research.
Cash buyers insulate Surrey’s top-tier property market
The proportion of buyers using cash across the county's famous private estates & roads jumped from under half in 2021 to nearly two-thirds in 2023, says Savills.
Asking prices jump 1.5% in a month as the property market ‘marches in Spring’
Rightmove reports a continued recovery in home-buying activity, led by the top-end of the market.
Estate agency calls out ‘stealth tax’ on landlords despite CGT cut
'Most landlords leaving the market this year will end up paying more tax than two years ago, not less,' says Hamptons.