Sales
The Million Pound Street Drop: The number of £1m+ addresses in the UK has fallen by 10% in the last year
There are now 15,484 streets with an average property price in excess of £1m, says Zoopla; 1,805 fewer than the 17,289 recorded at the same time last year.
On marketing funnels, foreign buyers & agent collaboration
Last week's headline-grabbing deal at the Corinthia demonstrates how the process of purchasing a super-prime property has changed in recent years, notes Simon Deen...
‘Best Scottish housing market since the financial crisis’ as £1m+ deals fly
More £1m+ residential deals have gone through in Scotland in the last 12 months than in any year since 2008, says Savills
Summer’s ‘steady rather than spectacular’ market is ‘reassuring’ – Garrington
"It seems to have been a steady, rather than spectacular summer as far as the UK property market is concerned," reports buying agency Garrington in its September market update.
Five Years On: How have transaction volumes fared since Osborne’s stamp duty bombshell?
Sales volumes in London's priciest boroughs have tanked by over 20% since 2014, according to new analysis, compared to an average decline across England & Wales of 0.8%
UK house price growth halves
Annual inflation across the nation is now at its lowest ebb since September 2012, according to the UK HPI, as regional markets in the North East, London & the South East continue to suffer
The effects of tax and regulation on the buy-to-let market, three years on
The 3% SDLT surcharge and the reduction of mortgage interest tax relief have changed the shape of the buy-to-let market
UK housing market ‘performing quite well’, despite static prices and depressed sales volumes
Mortgage approvals have risen slightly, new buyer enquiries have edged up, and first time buyers are active, note LSL & Acadata, but prices are still falling in real terms across England & Wales...
Autumn sales market bounce ‘could be missed altogether’ as buyers continue to hesitate
Asking prices fail to rise in September for the first time in eight years, reports Rightmove
Agent over-valuations ‘derail’ property sales, warns portal
Over-valued homes in London take an average of two months longer to sell than a fairly-priced comparable, says Zoopla
May The Force Be With You: On political turmoil & the autumn market
It is now clear that London’s autumn market will be entirely dominated by political interference, write Sophie & Richard Rogerson - and vendors are likely to remain extremely cautious about listing…
‘Ominous’ signs for the lettings market as the ‘never-ending Brexit saga’ curbs sales – RICS
There's a "consistent imbalance" between tenant demand and rental supply, warn surveyors, while Brexit-based uncertainty is continuing to thwart activity in the sales market