Sales
Mini-budget ‘aftershocks’ felt in London’s prime property market
Prices slipped as negative sentiment set in during October, but Knight Frank isn't expecting the kind of major-level declines seen during the GFC.
Brokerage reports 50% jump in American demand for prime London property
Nest Seekers has 'stepped up the mobility of agents and services between New York and London', as more US buyers eye UK property investments.
Property sales ‘continue to stall’ while rental market picks up steam
A 28-month run of rising house prices has come to an end, reports the RICS, as buyer demand tails off and transactions stall.
Gazundering backfires for buyers as deals collapse
One major London estate agency has seen 20% of its sales pipeline fall through as a result of buyers trying to renegotiate prices, reports acquisition firm Black Brick.
UK house price growth slows to 8.8% – Acadata
The annual change now varies from 2.2% in Greater London to 30% in Bournemouth, Christchurch & Poole.
New shortage of property for sale looms, warns London estate agency, as market appraisals drop by a third
Buyer demand remains strong in London, reports Chestertons - but the estate agency carried out 34% fewer market appraisals in October than in September...
Property market moves towards ‘a lower activity environment’
Residential transaction volumes are likely to drop to under three-quarters of pre-pandemic levels in 2023, suggests Savills, and not recover until 2025.
Abrahmsohn: I see the property market moving sideways for a while
Current predictions of a long and drawn-out recession are overdone, writes Glentree boss Trevor Abrahmsohn.
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, JLL, Credit Suisse, Savills, London House & more…
Tom Bill: Was the October dip a blip?
Weak UK housing market data in October is not a reliable indicator for what comes next.
PCL property prices to climb 13.5% over the next five years, predicts Savills, as prime markets out-perform
Savills has updated its five-year property market forecasts, predicting price drops in all regions and sectors in 2023.
Apartments back in vogue in prime London, as pandemic trend reverses
After falling out of favour during the race for space, flat sales have now returned to pre-pandemic levels.