Sales
Spring sales market is already blossoming, as buyer demand & property listings rise
“This spring is certainly shaping up to be a busy one," says Rightmove, "with buyer demand, new listings coming to market for sale, and valuation requests to estate agents from future sellers all continuing…
Number of £1m-plus homes hits record high
One in 42 homes in Britain is now in seven-figure territory, according to Savills
Heatmapped: South East resurgent as commuter hubs drive growth
Places like Guildford, Esher, Farnham and Horsham have seen a strong pick-up in demand from buyers who may need to travel into London a few times a week
Prime London buyer demand is running 72% above the five-year average, while property supply is 12% down
Prime London Market Snapshot: Knight Frank's latest indices tell of a significant mismatch between property supply and demand in both the sales and rental markets.
‘The outlook for both prices and rents remains a little worrisome’ – RICS
Buyer and tenant demand increased further in January, while the supply of properties for sale and rent continued to fall short.
Ten-year house price inflation data highlights North-South divide
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…
Property boom is ‘now coming to an end’ as sales supply runs dry
"Regional property markets in the UK are coming perilously close to running out of any stock whatsoever to sell," warns a data company.
Looking for a needle in a haystack: PCL buying agency highlights ‘acute’ stock shortage
Black Brick has invested in new tech to help bring elusive vendors out of the woodwork
Treasury enjoys record Stamp Duty receipts
"Receipts continued to be driven by strong activity at the top end of the market," notes Savills.
Rightmove reports busiest ever January; buyer demand over 20% higher than pre-Covid levels
Property portal flags "early signs of a better-balanced market over the course of 2022" as valuation requests jump.
Property sellers achieved 98% of original asking prices in 2021, on average
The average asking price across England & Wales in 2021 was £326,212 in 2021, while the average achieved price £319,119.
UK housing value tops £8 trillion after record surge
2021's increase of £804 billion was the largest ever recorded, reports Savills