Sales

Current predictions of a long and drawn-out recession are overdone, writes Glentree boss Trevor Abrahmsohn.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Knight Frank, JLL, Credit Suisse, Savills, London House & more…

Weak UK housing market data in October is not a reliable indicator for what comes next.

Savills has updated its five-year property market forecasts, predicting price drops in all regions and sectors in 2023.

After falling out of favour during the race for space, flat sales have now returned to pre-pandemic levels.

House prices crashes have been rare in the UK, says JLL's research chief, Marcus Dixon - and average prices have never slumped by more than 20%.

It's 'not yet an unambiguous sign of a housing market slowdown', insists Knight Frank.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from TwentyCi, Zoopla, Savills, Oxford Economics & more…

'How far the new PM can wind back the clock is a significant question for the UK housing market.'

'Homeowners wanting to sell in 2023 will need to be realistic on price and may have to forgo some of the pandemic price gains to achieve a sale in 2023,' says Zoopla's research director, Richard Donnell.

Major mortgage lender is focusing on 'slightly better-off customers', as it sets out an array of property price forecast scenarios.

On the ground, the impact of the recent political chaos is still far from clear, report buying specialists Richard & Sophie Rogerson...