The Market
Tom Bill: Jobs market holds clues about direction for house prices & mortgage rates
What happens to core inflation will determine how much higher the Bank of England will push rates, says Knight Frank's head of UK resi research.
‘Storm clouds are gathering’ for the property market, warn surveyors
Surveyors are reporting a 'less downbeat pessimistic trend' - but the spectre of more interest rate rises means the market may chill further.
Lower running costs & amenities giving new-builds the edge – Foxtons
New-build premiums have risen considerably, especially in outer-lying areas, reports the London estate agency.
RBKC & Westminster among hotspots bucking transaction trough
New analysis reveals where resi property sales are holding up the strongest.
‘Sticky’ PCL set for deal drought as buyers & sellers enter deadlock
It will take time for vendors to accept the fact that buyers are far more price sensitive these days, says Black Brick.
Bayswater ‘well on the way’ to catching up with its prime London neighbours
Values are on the rise in the neighbourhood to the north of Hyde Park, along with its profile, as a trio of 'game-changing' schemes take shape.
Larger homes are taking ‘considerably longer’ to sell
'One of the early underlying trends of 2023 and a direct effect of higher mortgage rates has been strengthening demand for smaller homes,' says Hamptons, as the housing market slows down.
Dubai leads global super-prime sales bounce, as £10mn+ deals falter in London
International super-prime property market activity 'slowed noticeably' last year, says Knight Frank - but things perked up again at the start of 2023
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 Foxtons, JLL, HMRC, Zoopla, Savills, Knight Frank & more...
Global HNWI population & wealth sees biggest decline in over a decade
The super-rich are now prioritising wealth preservation rather than wealth creation, says CapGemini.
‘We are beginning to see clear signs of a rebound in Prime Central London’: Strutt & Parker flags resurgent property market
'Regained optimism signals a spring rally' for prime property markets in and around London, says Strutt & Parker, as the estate agency stands by its 2023 house price forecasts despite a turbulent economic…