Sales
Rising interest rates & cost of living ‘yet to impact’ prime property buyer budgets
“With the market as competitive as it is, motivated buyers can ill afford to reduce budgets, despite rises to mortgage rates and household bills," says Savills.
Bath named Britain’s city property hotspot, as asking prices jump 15% in a year
Rightmove charts which UK cities have seen the biggest leaps in average asking prices in the last 12 months.
UK house prices likely to fall in 2023 & 2024, predicts Capital Economics
Influential forecasting house expects average property values to drop by 5% overall through 2023 and 2024.
The average estate agent sold 19% more homes in 2021 than in 2020
Estate agencies sold an average of 46 properties in 2021 - seven more than in the previous year.
Return to the office revives market for PCL flats
Renewed appetite for apartments may tempt some reluctant sellers to list their properties, suggests LCP
Talking Heads: What’s happening in the prime property market right now, according to top buying agents
Where is all the stock; what will happen to prices; and which areas are buyers flocking to right now?
International execs returning to PCL, reports agency
Corporate relocation searches were up by 150% in Q1, according to Winkworth, in a 'positive sign' for the sales market
‘The ball is still firmly in the seller’s court’ as the Spring property market kicks in
"Buyers are still predominantly paying asking price and above meaning the ball is still firmly in the seller’s court," says Propertymark in its latest monthly market update.
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 LonRes, Hamptons International, LCP, Savills, Knight Frank & Rightmove
End of the Chain? A record three-quarters of buyers are now chain-free
"The current pace of the market has put buyers with a home to sell at the back of the queue," says Hamptons' research chief.
‘Market dynamics have changed and looking at past trends may no longer be helpful’ – Garrington
"The spring market is brisk and competitive," says buying agency Garrington in its latest summary of the UK's property market.
More property market records go as asking prices hit another all-time high
"It can’t and won’t continue like this," says Tim Bannister, Rightmove’s Director of Property Data, "but with the demand and supply imbalance being so out of kilter, it looks like any substantial…