Sales
London’s super-prime property market ‘has very much found its feet again’ as transaction levels remain high
Spending on £10mn+ homes in London has reached a seven-year high, leading Knight Frank's Rory Penn to suggest that 'for now, the super-prime market in London has very much found its feet again.'
‘This is a low volume market’: Only 12 house sales recorded per week in PCL
Rolling 12-month transaction volumes are some of the lowest on record, reports LCP.
Mortgage lending slumps as interest rates rise
The latest Bank of England data shows a sharp drop in mortgage lending and mortgage approvals in the aftermath of the short-lived mini-Budget.
‘House price inflation is losing momentum fast’ as home-buyer demand plunges 44% – Zoopla
"A widespread repricing of housing underway," says Zoopla, as buyer demand sinks and more vendors cut asking prices.
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 Knight Frank, Rightmove, LSL, Savills & more...
Calculating the prime coastal village premium
The average value of prime property in the UK's coastal villages has soared by over 26% since early 2020.
Market-watchers agree house prices will fall – but by how much?
A raft of influential property market-watchers have torn-up their house price forecasts, now anticipating a particularly rough year ahead for the housing sector as the wider economy struggles.
House purchase mortgage approvals on track to fall by 13%
'We expect to see mortgage approvals for house purchases take a notable dip come the end of this year,' says Octane Capital after checking BoE data.
PCL boundary has shifted, says west London agency
Finlay Brewer suggests the prime villages of Brook Green, Brackenbury and Askew should be reclassified, following a rise in the number of wealthy families moving in from Kensington & Chelsea...
What the Autumn Statement means for the UK property market
Financial markets have been calmer since Jeremy Hunt took to the floor, but the reversal of Kwasi Kwarteng’s stamp duty cut highlighted a paradox, writes Tom Bill.
Rural home sales fall as city living moves back into fashion
Knight Frank data shows a clear drop in rural property sales over the last year, while exchanges in regional towns and cities has increased by an equivalent amount.
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 LonRes, OBR, ONS, Rightmove, Winkworth, OnTheMarket & more…