The Market

David Huggett reports on the interplay between real estate markets, currency prices, and interest rates - and what the latest shift might mean for global economies...

Chestertons has seen a sharp increase in both offers made and new sales instructions compared to last year.

The latest official UK HPI confirms that London's property market saw the steepest price declines of any English region last year.

If the market is to be dominated by mega-businesses in the coming years - as some are predicting - what does this mean for hard-working independents and their customers, asks Anderson Rose boss Jon Byers.

London saw the biggest decline in total housing wealth of any UK region last year, says Savills.

Price cuts are becoming less prevalent as the property market gathers pace, says Hamptons.

20% fewer sales have been agreed in the capital's high-value postcodes so far this year compared to the same period in 2023, and 36% fewer than in 2022.

Locations that crossed the price threshold in 2023 are further from central London than 18 months ago, reports Knight Frank.

Private bank flags buying opportunities in commutable locations, as reductions on £1mn-plus properties outpace London.

The government is ramping up rhetoric around housing market interventions.

Chestertons has flagged a marked improvement in rental supply in the capital.

'Remarkable' growth in short-term property finance has been 'no surprise', say industry insiders.