Sales

Industry reactions to the latest ONS/Land Registry House Price Index from Knight Frank, Savills, Foxtons, Jackson-Stops, Fine & Country, SPF Private Clients, Propertymark, and more.

The pandemic completely redefined how we live, and location is no longer the be-all and end-all for today's househunters.

47% fewer property sales were agreed in prime London last week compared to the same week last year, according to the latest LonRes/PrimeResi market data.

Average values across the prime postcodes are now roughly in line with early-2014 levels, reports LonRes.

Possibly, but the latest positive house price data could also be the symptom of a weak market, explains Tom Bill - and it wouldn’t be sensible to jump to a firm conclusion this side of Christmas.

'There has been more to be positive about in 2023 than many thought there would be at this time last year,' says Rightmove's top property market analyst.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from the RICS, Savills, JLL, Halifax, Foxtons, Knight Frank & more...

Estate agency reports 'a return to normality' for the capital's property patterns following the pandemic's upheaval.

The pace of house price declines 'has levelled-off in recent weeks', reports the Royal Institute of Chartered Surveyors.

Buyers are 'cautious, selective and risk-averse', reports Savills.

There's been an upturn in new sales and rental deals across prime London in the last week, although activity remains below previous years' levels.

Prime Central London is a ‘buy', says agency, as latest predictions show UK's high-end markets bottoming out next year and recovering more quickly than the mainstream.