The Market
Industry Reactions: Mortgage approvals rise again
'A third consecutive monthly increase in mortgage approvals demonstrates that market momentum continues to build,' comments Foxtons' boss Guy Gittins, as the latest BoE data shows a continued recovery…
London’s super-prime rental market picks up pace as HNW buyers elect for ‘non-permanence’
'The upwards trajectory in the super-prime lettings market looks set to continue,' says Knight Frank's Tom Bill, as PCL's sales market remains 'uneventful'.
Seven charts that illustrate the slowing property market
Propertymark's latest survey of estate agents confirms a slowing sales market.
Ranked: The best UK regions for downsizers
Downsizers aged over 55 are sitting on nearly £3tn in property equity, according to Jackson-Stops.
Prime rental price growth ‘stalls’ for first time in three years
The imbalance between rental supply and demand 'continues to unwind', says Savills.
Majority of housebuilders ‘would like to see Labour win at next election’
Some 70% of residential property developers surveyed by Knight Frank would rather see Keir Starmer in Downing Street than a Tory or Lib Dem leader.
Sales market sees strong start to the year, but ‘it’s important not to get carried away by the outlook for the rest of 2024’
Zoopla recorded a sharp increase in property sales and London buyer demand in the opening weeks of this year.
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 Rightmove, Strutt & Parker, Savills, Yopa, Hamptons, Garringtons & more...
Pace of London rental growth falls sharply, but agents are still busier than ‘normal’
After years of double-digit growth, Rightmove is predicting a 5% increase for new asking rents outside of London through 2024, and +3% in London.
Gittins heralds ‘a transformational year’ as Foxtons beats earning expectations
Rising revenue from lettings offset declines from sales and financial services in 2023, as the estate agency ploughs on with its 'operational turnaround plan'.
Non-farmers dominated farm & estate sales in 2023
Around 75,500 acres of agricultural land was marketed for sale in 2023, reports Strutt & Parker, with investors and lifestyle buyers playing a much more active role in the market than in previous years.
Rightmove reveals the ‘best month’ to list a home for sale
Rightmove data confirms the best time to list to tap the Spring buying season.