Sales
‘House price growth may start to tail off’ in the next few months, says OnTheMarket boss
The average asking price of a property listed for sale outside London on OnTheMarket in December was £364k, up 3.7% from the same month last year. Within Greater London, the average asking price was £1.
Super-prime property sales hit record highs in London
“London’s super-prime markets stellar end to the year is evidence of the influence that the pandemic-fuelled desire for more space has on residential markets," says Savills.
Rightmove reports busiest ever start to the new year
"Early-bird sellers who got themselves ready to come to market are now benefitting from the busiest start to the year that we’ve ever recorded," says Rightmove.
Buyers rush to seal deals amid fears of stock squeeze
Boutique agency reports another flurry of high-end sales in and around St John’s Wood - which continues to be one of the most popular areas of London for prime buyers
Regional fortunes have been turned on their head – Acadata
Index records 'dramatic' shift in price growth pattern across England & Wales, as London & the South East surge
Buyers spent a record-breaking £11.6bn on prime London property last year
Buyers ‘bought bigger and spent more’ in 2021, reports LonRes - and sales volumes are set to surge again over the coming weeks…
Colliers predicts a return to more normal house price growth
"Following a bit of an exodus from cities during the pandemic we saw prices in regional areas start to soar, but that will stabilise this year," predicts Colliers' Head of Residential - "although areas…
London & Cornwall vie to be Britain’s most searched-for property location
Rightmove recorded just 3% more property searches in London than in Cornwall through 2021, compared to a gap of 24% in 2020, and 49% in 2019.
Super-prime buyers splash out on north London’s park-side mansions
The handful of large houses in the capital with direct access to parkland are in huge demand, reports Arlington Residential, after selling a £22m example in Primrose Hill
Market correction coming if interest rates keep rising, says top economist
‘If interest rates are going to have to rise a fair bit, then a correction is to be expected, if not sooner then later’, warns Capital Economics boss Roger Bootle
Tom Bill: Four things to watch for the UK property market in 2022
Knight Frank's UK resi research boss runs through the key factors that could affect the trajectory of the market over the next 12 months...
The average 2021 vendor sold their home for 46% more than they bought it for
A record 92% of sellers sold their property in 2021 for more than they bought it, according to Hamptons, having owned it for an average of 8.8 years.