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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
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest market movements in less than five minutes, featuring data and analysis from Savills, Acadata, Knight Frank, LonRes, Boomin, Rightmove & more...
‘There doesn’t need to be a recession to dampen the mood in the UK housing market’ – Knight Frank
Knight Frank's research team assesses what the Bank of England's slashed forecasts mean for the property market.
Number of £500k house price hotspots up 50% since the start of the pandemic
One in six local areas across Britain now has an average house price in excess of £500,000, says Savills.
Heatmapped: London bounces back
After a period in the doldrums, prices across Greater London are now rising at their fastest rate since June 2016, reports Acadata
‘Little evidence of house price inflation losing much momentum’ – RICS
"It seems that limited supply available on the market, coupled with steady demand growth, are still the overriding drivers of house prices," says the RICS' chief economist.
Agency reports ‘sense of urgency’ in London market as more interest hikes loom
Sales enquiries across Chestertons’ 32 branches were up by 39% last month
Ranked: Britain’s top 10 seaside property price hotspots
Coastal homes have seen asking prices rise by 13.9% on average over the last year, outpacing the national average of 9.9%.