Sales
Estate agencies’ sales numbers hit a 13-year high
An average of 13 sales were agreed per estate agency branch in July, the highest figure recorded since June 2007.
Running out of the gates: On the rush to the country & the hollowing out of a great city
"One would have thought the very city itself was running out of the gates”, wrote Daniel Defoe of London in 1665.
How did past recessions affect UK house prices? Comparing downturns, 1960-2020
"The ‘once in a lifetime’ re-evaluation of housing requirements on the back of the lockdown will be a counterweight to the impact of the recession on housing market activity over the rest of 2020,"…
Stamp duty holiday ‘sparks home-moving frenzy’ in southern commuter belt
Almost 94,000 new property listings were brought to market across London, the South East and East of England between 8th July and 16th August, reports Rightmove - which is over 31,000 more than the same…
Ranked: The UK’s most ‘recession-proof’ property hotspots
An estate agency has put a brave face on the UK's bleak economic outlook, suggesting that house price inflation may carry on regardless in the face of a global recession - in some locations, at least.
House prices likely to drop 3% by the end of the year – EY
Property prices are set to fall further this year before recovering by 2-3% in 2021, suggests Dr Howard Archer, Chief Economic Advisor to the EY ITEM Club.
The Missing Market: Why London property developers are missing out on over 23,000 new-build buyers
Savills has identified a significant "missing market" for new-build homes in the capital that property developers "cannot afford to miss out on."
KFH reports ‘unprecedented demand’ as SDLT holiday drives a ‘significant spike’ in buyer registrations & seller valuations
'Buyers are entering the market in droves as confidence grows and restrictions continue to ease,' says London estate agency.
Transaction numbers are recovering, but are still well below last year’s count
July's official count of residential property transactions was higher than in June, but still some 27% below the same month last year.
£1m+ sales are running 100% above last year’s level as prime leads the property market rebound
The prime market has led the post-lockdown rebound in UK property market activity, suggests data from Rightmove and Knight Frank, with a notable spike in £1m+ deals.
Sealed bids are now ‘commonplace’ for the best properties from Scotland to Devon, says top buying agency
It's a "far from relaxing" Summer holiday, says national buying agency Garrington, as the property market's traditional August lull is replaced with plenty of buying activity.
Chinese demand for UK property bounces back as Stamp Duty pushes buyers to act now
"Anyone who can bring their transaction forward to 2020 from next year or even later is doing so," says property portal Juwai, against fears of higher Stamp Duty rates from 2021.