Sales

Many market-watchers expect property prices to bottom out this year. But there's an even bigger than usual caveat to all the predictions...

'Steady as she goes' theme likely to continue in the year ahead, despite potential election uncertainty, says data firm boss.

REDD's Henry Lester & Knight Frank's Tom Bill shared their predictions for the year ahead at a recent networking event in Mayfair.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Knight Frank, Beauchamp Estates, Halifax, Savills, Hamptons, Rightmove & more...

'There is a window of opportunity for buyers and sellers as the economy settles and before a UK general election is called,' says Knight Frank, as the firm predicts a further 3% 'recalibration' for country…

'While the landscape remains largely subdued, there are green shoots of positivity starting to show' in the property market, says GetAgent.

Latest Halifax reading provides more positive news, but the recent growth looks to be driven by a 'shortage of properties on the market, rather than the strength of buyer demand'.

Estate agency highlights a spike in the number of homes returning to the market, having failed to sell in 2023.

'The scale of this year’s Boxing Day bounce is an early positive sign at the start of the year that buyers and sellers are out there and taking action,' says property portal.

Estate agency flags an increase in top-end buyer demand across the capital through Q4.

The last weekly sales and lettings update of 2023 from LonRes confirms that top-end London property agents had a much quieter year than in either of the previous two years.

Values & volumes in the £15mn-plus sector set to rise further over the next 12 months as more global billionaires put down roots in the capital.