Sales
One in six new property listings finds a buyer within a month
'There is a disappointing number of properties that have agreed to a sale in their first 30 days,' says GetAgent boss after checking Zoopla listings.
Mortgage approvals are up 26% on the year
Mortgage approvals for house purchases are now 'back to 94% of their pre-pandemic level,' notes Savills, despite fresh Bank of England showing a slight month-on-month dip.
Savills warns of new homes shortage as buyer demand picks up
Agency urges developers with consented sites to 'push on' as outlook continues to improve.
Sales listings rise to an eight-year high
Zoopla heralds 'renewed confidence amongst homeowners' as sales supply builds and house price growth nudges upwards.
‘Majority of home-movers undeterred by election’ – Rightmove
Property portal data suggests elections have little effect on home-buyer demand.
Prime London Property Market Snapshot: Week 21, 2024
Sales supply is accumulating in prime London as deals continue to run slow.
Knight Frank cuts PCL price forecast for this year
Top analysts now expect Central London property values to fall by 1% through 2024, having predicted a 1% increase at the start of the year.
Tom Bill: ‘The near-term outlook for demand in prime central London has deteriorated’
Knight Frank's research chief explains why the property firm has revised its PCL price forecasts down.
Off-plan sales rates drop to a ten-year low
The proportion of London homes sold before being built has fallen below 50% for the first time since 2012, according to new analysis by Hamptons.
‘It is likely to remain a price-sensitive buyers’ market’ – Garrington
Buying agency highlights May's key property market trends, including resurgent interest from investors, country house downsizing, and the 'distraction' of a looming General Election.
Up, down or sideways? Abrahmsohn on where the resi market is headed
Amidst the cacophony of market commentary, we mustn’t get confused between asking prices and real underlying values, warns veteran agent Trevor Abrahmsohn.
Househunters undeterred by higher mortgage rates, reports London agency
Chestertons recorded an uplift in contracts being finalised and lower levels of fall-throughs last month.