Sales
Completion rates running 40% below normal – Landmark
UK property market stagnated in H1 despite the strongest supply in years, reports data firm.
Agency reports ‘record’ super-prime spending in Prime Central London as property market stays ‘surprisingly robust’
Wealthy buyers bought a record £439mn-worth of £10mn+ homes in the first half of this year, reports JLL, contradicting some rival market reports.
Splash the Cash: Waterfront homes attract a 48% price premium
More than half of waterside properties sold in the UK go to cash buyers, reports Knight Frank.
Top-end buyers downsize in London as Dubai, Miami & French Riviera woo world’s wealthiest
Competition from other wealth centres, concerns about a Labour government & taxation worries have led billionaires to spend less & buy smaller homes in PCL this year, reports Beauchamp Estates.
Political certainty & a potential interest rate drop ‘bode well for Autumn market’
Rightmove heralds rising transactions as house prices 'remain stable overall' - despite 'more diversions than normal at this time of year.'
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, Rightmove, Beauchamp Estates, Benham & Reeves, HMRC, Foxtons, Savills, Knight Frank…
There is a sense that the summer slowdown has come a little early – LonRes
Latest Prime London data shows activity slowed in the lead-up to the General Election, while the annual rate of price growth dropped to -4.5%
Dwindling supply meets robust demand: Rupert des Forges on PCL’s luxury property squeeze
Those looking to secure a best-in-class new-build in the coming years will need to take an opportunistic yet strategic buying approach, writes Knight Frank's head of PCL developments.
Prime buyer demand ‘creeps up’ in London
Almost one in five Rightmove listings priced between £2mn and £10mn had found a buyer in Q2.
What Will Change? Jamie Hope on what the Labour government could mean for the prime property market
With a Labour government elected on a promise of ‘Change', the MD of PCL agency Maskells looks at what fresh tax policies may be in store.
RICS heralds ‘post-election bounce’ for housing market
Surveyors 'have confidence in the newly elected Labour government,' concludes the Royal Institute as housing market optimism builds.
Prime London Property Market Snapshot: Week 27, 2024
The latest data suggest last week's General Election had little real effect on home-buying and selling activity across London's prime postcodes.