Sales

Margate in Kent has seen the highest rate of property price inflation of any UK town over the last decade, reports Rightmove, in new data that highlights how house prices have escalated at a faster rate…

"Regional property markets in the UK are coming perilously close to running out of any stock whatsoever to sell," warns a data company.

Black Brick has invested in new tech to help bring elusive vendors out of the woodwork

"Receipts continued to be driven by strong activity at the top end of the market," notes Savills.

Property portal flags "early signs of a better-balanced market over the course of 2022" as valuation requests jump.

The average asking price across England & Wales in 2021 was £326,212 in 2021, while the average achieved price £319,119.

2021's increase of £804 billion was the largest ever recorded, reports Savills

Early data from January and a positive economic outlook point to strong transaction numbers and price growth, writes Tom Bill

“The market for properties worth £1 million or more in London is well and truly on the rebound, having been in the doldrums over recent years,” says Coutts’ CEO, Peter Flavel.

"It’s a really encouraging sign to see more properties start to come to market for sale," says Rightmove's data chief.

All types of developers are on the lookout for sites, reports Savills, but the cash-rich big players are proving the most competitive…