Sales

Exchanges are down 10%, buyer registrations are down 14%, and average prices have fallen by 5% in the last year, reports Knight Frank.

Fewer than a third of consumers now expect prices to rise over the next 12 months, down from more than half last year, according to latest OnTheMarket poll.

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Knight Frank says buyers are still prepared to 'leapfrog the market' when best-in-class options come up.

'June’s survey results offer some cautious encouragement that the worst of the slowdown in market activity may be beginning to pass,' says Head of Market Research & Analysis Tarrant Parsons.

As we pass the halfway point of the year, the latest LonRes figures reveal what's really going on in the prime postcodes.

While climate-related risk is widely discussed, the immediate impact on the luxury homes market is not, writes George Seatter - and insurance placement is emerging as one of the biggest deal blockers around.

5% fewer sales were agreed in Week 27 this year compared to last, while 16% more rental deals were done.

Agency reckons speeding up transactions could tempt a sizeable cohort of would-be movers off the sidelines, and says scrapping stamp duty would have an even bigger impact.

Knight Frank's latest index shows annual growth slipped from 2.3% to 1.4% in Q1, but 91% of the 55 markets tracked were still in positive territory.

Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.