Sales

JLL has made some bullish forecasts for London's property market.

Surging electric car ownership is boosting the value of off-street parking in high-end neighbourhoods, says Savills

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from the RICS, Knight Frank, Hamptons International, LonRes & more…

"Frenzied demand from buyers and a shortage of properties for sale have led to a boom in off-market sales, where homes are sold without being listed on an estate agent’s website or a property portal,"…

Property prices may prove "resilient" in the face of rising interest rates and costs of living, but transaction numbers are "likely to slow as the year wears on," warn surveyors.

Average asking prices are rising at a slower pace than achieved sold prices, according to some analysis by London estate agency Benham and Reeves.

House price growth in global cities is outpacing national averages, according to Knight Frank's latest indices - but signs point to a general property market slowdown.

LonRes reports on Prime London's palatial price premiums

LonRes records spike in under-offer numbers as prices breach pre-pandemic levels

"The wealthier you are, the more confident you are," says a bullish Simon Leadbetter, Global CEO of Fine & Country.

One in ten homes sold across the UK so far in 2022 were only marketed quietly, rather than being openly broadcast on the portals. That figure rises to nearly a quarter in London and prime country markets.

Estate agents agreed an average of nine sales per branch in April, says Propertymark - roughly in line with the long-term average, despite a continued shortage of homes available to buy.