The Market

Chestertons has seen a big increase in viewing activity in the last month.

While the world has changed beyond recognition in many ways since 1994, it remains surprisingly similar in others, writes Hugh Obbard.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Hamptons, Halifax, Savills, LonRes, Knight Frank, Tyburn & more...

Prime regional rental prices grew by +0.6% in Q3, down from +2.6% in Q2, according to the latest Savills data.

Property prices in London have been far less volatile than the rest of the country during this latest period of economic turbulence, says Knight Frank's research chief.

'Resident experience drives operational performance by maximising occupancy and income while also reducing costs,' says Knight Frank after analysing and rating 247 build-to-rent schemes around the UK

'There is early evidence that conditions are beginning to improve in a number of key global city markets,' says Knight Frank.

Estate agency Jackson-Stops has found 'a compelling link between period homes and property values.'

'There has been a clear shift in demand for purpose built prime homes that offer a lifestyle that can match or exceed that on offer at an exclusive 5-star hotel'

'With some sellers still holding out for last year’s prices, it’s the number of homes changing hands rather than their price that’s bearing the brunt of the slowdown,' says Hamptons.

'We’ve been really feeling the pressure of having to manage the mounting number of enquiries for each rental property we have available,' complains one letting agent.

But top-end buyers' price expectations are still 'markedly lower' than sellers' across prime London, says Savills.