Sales
Asking prices hit another record high, but ‘there are early signs of a slowing in the frenetic pace’ of the property market
Asking prices have increased in every region, reports Rightmove, with larger homes seeing the highest rate of property price inflation.
‘Proximity to the pub beats being close to work’: Pandemic leaves ‘a legacy of changed priorities’ amongst prime property buyers
Most affluent property buyers are "undeterred" by the looming end of the Stamp Duty holiday, says Savills, but the pandemic is likely to leave "a legacy of changed priorities" amongst home-buyers.
London super-prime deals jumped by 44% in Q1 – but are still below pre-pandemic levels
“The outlook for the super-prime London market remains fairly positive at present," says Benham and Reeves boss Marc von Grundherr.
House price inflation falls back to +8.9% – UK HPI
April saw UK house price growth slow for the first time since July 2020, according to the official index.
Heatmapped: Prices are rising at a ‘worrying’ rate in some UK regional markets
Over the last twelve months, the average price of a home sold in England and Wales has rocketed by £40,500, or 13.
Buying agency reports rise in ‘negotiation-only’ clients
Stacks says it is increasingly being brought in to handle negotiations once the right property has been identified, especially in complicated country house deals…
London market ‘holds its own’ as sales top £56bn
£56.2bn worth of real estate has been sold across the capital since the start of the pandemic, according to analysis of Land Registry records.
Wary vendors are fuelling an ‘iceberg’ off-market property scene
"Market conditions have remained brisk over the last month," says national buying agency Garrington in its latest market update video, "exacerbated further by the forthcoming phasing out of the Stamp Duty…
Heatmapped: Sold prices around Hyde Park
New analysis shows where the value is to be had around London's largest green space...
The impact of stamp duty on transaction numbers will be greater in 2021 than during any other year
2021 will be a case study for how differing rates of stamp duty impact the property market, writes Tom Bill - and another big spike in transaction numbers is on the cards for later this month…
Property sales boom ‘is not anticipated to last’ but ‘there is no sign of house price inflation losing any steam’ – RICS
Surveyors report the widest mismatch between property supply and demand since 2013, as agreed sales numbers continue to rise ahead of the end of the Stamp Duty holiday.
London vendors are not moving on price, says estate agency
Chestertons has reported a 'rare scenario of supply meeting demand' in London, as new sales listings exceed buyer registrations. But it's still a sellers’ market, says the firm.