Sales

Resurgent demand for larger homes is driving growth in buying activity across the country, says Rightmove.

'Could now be the time to go shopping?' asks LonRes MD

Official UK HPI data indicates new-build sales are driving price increases while resale property values continue to fall.

New analysis identifies property market hotspots that have seen the biggest increase in property listings.

'London’s property market remained extremely busy throughout February,' says Matt Thompson, Head of Sales at Chestertons.

10% fewer sales have been agreed across the prime London postcodes so far this year than in the same 11-week period in 2023.

'Discounts, reductions and time on the market are all broadly in line with long-term trends,' reports LonRes.

Rising supply and mortgage rates may increase downwards pressure on asking prices, explains Knight Frank's head of UK resi research.

The proportion of buyers using cash across the county's famous private estates & roads jumped from under half in 2021 to nearly two-thirds in 2023, says Savills.

Rightmove reports a continued recovery in home-buying activity, led by the top-end of the market.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Foxtons, Investec, Wetherell, Knight Frank, Savills, the Bank of England, Rightmove  & more...

It was 'a difficult year for the London property market,' says Benham & Reeves, yet almost 50,000 homes still changed hands in the capital through 2023 - with just two boroughs accounting for more than…