The Market
“Welcome jump” in supply can’t sate demand as average asking prices breach £250,000
Average asking prices have now breached £250,000, says Rightmove, after climbing by 3.3% this month and by 6.
Speediest market since 2007 as two thirds of sales agreed within a month – Hamptons
On average, it takes less than five and a half weeks to get a deal agreed on your house in London at the moment, according to Hamptons International.
“Looming stamp duty crisis” could stop property market growth – LCP
There's a "looming stamp duty crisis" that could see "positive growth hitting the bricks again" warns investment firm London Central Portfolio, as average property prices across England and Wales tickle…
“Fuzzy guidance” as property market moves on up – Knight Frank
"The housing market is picking up" trumpets Knight Frank in its latest update, which comes with a fascinating graph showing causes/effects of various economic landmarks on property transaction levels since…
“Listless” property supply is “seriously hampering growth” – RICS
January saw the lowest number of houses hitting the market since its lowest ebb in July 2012, says the RICS, and this oft-reported lack of supply of homes "is seriously hampering growth and pushing prices…
East & East Midlands top areas for recovery potential – Hamptons
Hamptons International has been checking levels of pent-up demand across the country, in a bid to find out which areas have the most potential to soar as the country's housing market continues its recovery.
Strong start for Millgate in Ascot
We hear sales have been brisk at Millgate's new development in Ascot, Berkshire, with 50% of the units being snapped up within seven days of launch.
Westbrook House
Three-to-one opportunity in Battersea
This doesn't come along very often: three £1m houses in a row for sale on a tree-lined street in Zone Two, throwing up an opportunity to create one of Battersea's most spectacular single residence.
Rental instructions up 53% on 2010 as supply continues to outstrip demand – Lonres
The big story in London's rental market over the last year has been the level of supply far exceeding that of demand, according to the just-released Lonres Winter Review. The numbers are profound;
Over a million deals in 2013 as sustainable growth kicks-in – CBRE
Over a million residential transactions rocked the UK market last year, according to CBRE; 2013's 1,077,510 deals was a 16% increase on 2012's tally.
Average flat value hits £1.1m in prime central London as £1,000+ psf market booms
PCL has "continued to outperform the wider London housing market," posting a 30% increase in transaction levels in 2013 compared to 2012 with a 50% lift in the prime £1,000+ psf segment, according to…
Indecisive vendors balance growing appetite to cash-in on London market
"Indecisiveness about whether or not to sell is still proving a stubborn obstacle," says Douglas & Gordon, despite a 20% lift in the number of valuations its taking on in January compared to last.