Talking Heads: Chelsea in bloom as buyers & tenants put down roots
As Chelsea basks in the spotlight of the world’s most famous flower show, local agents explain why the area has returned to the top of the wish list for many prime buyers…
Abrahmsohn: On economics, the market & the (secret) £400mn buyer
There is a bizarre disjunction between the economic outlook and the gymnastics of the market, writes veteran agent Trevor Abrahmsohn – but property values will continue to rise until supply and demand levels reach equilibrium…
Cash buyers drive property price growth in a third of London boroughs
Mortgage broker Henry Dannell has flagged a surprising trend in many parts of the capital…
Transactions fall as the property market calms
April’s tally of residential property sales was still well above pre-pandemic norms, but the market appears to be easing from its frantic pace.
‘After defying gravity for much of the pandemic, house prices appear to be finally set for their return to earth’ – Knight Frank
“It feels like we are at a crossroads,” says KF’s James Cleland, as the number of new sales instruction picks up.
Five factors shaping prime property demand right now
Savills’ latest buyer and seller survey highlights how prime property buying intentions are evolving.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest market movements and commentary in less than five minutes, featuring data and analysis from Zoopla, ONS, TwentyCi, Rightmove, Savills & more…
Asking prices climb to another record high, but the property market appears to be slowing
“A lack of homes for sale rather than a lack of desire from buyers is what is dictating the pace of the market,” says Rightmove, as the UK’s average asking price rises 2.1% in a month.
Property prices have doubled around some Elizabeth Line stations
“Despite delays in the line opening, the number of buyers looking to move near the stations has steadily surged,” says Rightmove.
House price growth slows to 9.8% – UK HPI
Official data points to a property market slowdown.
UK market sentiment still riding high as ‘frenzy’ subsides
Despite some rising headwinds, there is ‘strong evidence emerging of a more stable housing market’ reports OTM