Sales
No Autumn bounce for mortgage lending
BoE data shows a continued decline in mortgage lending activity through September.
Zoopla expects average house prices to fall 2% in 2024
'The risk of a major collapse in house prices is becoming less of a concern,' says Zoopla, although some areas could see a 5% decline next year.
Giles Barrett: On the fragmentation of the property market
'I just looked at the leading portal for ‘Notting Hill properties launched within the last 7 days’; from the 72 new listings, there were 34 different agents.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, Foxtons, Propertymark, Benham & Reeves, Savills, Foxtons & more...
‘It’s clear that London is being driven by the £1mn+ market at present’
There are 19,116 properties currently listed for sale across London for at least £1mn - representing 19% of total market stock.
Prime property market paralysis: On navigating the buyer-seller standoff
Right now we appear to have an impasse, with buyers trying to time the market and sellers too nervous to test it - but how long are both sides prepared to wait?
House prices to continue falling through 2024, predicts Lloyds
Average property values will be 7% lower at the end of 2024 than at the start of 2023, says major mortgage lender.
London’s property market has ‘turned a corner’, says Foxtons
Estate agency expects the market 'to finish on a positive note by the end of the year'.
Prime London Property Market Snapshot: Week 42, 2023
41% fewer property sales were agreed in prime London last week compared to the same week in 2022, according to the latest PrimeResi Data Hub update.
‘The vast majority of properties are selling below the asking price’ – Propertymark
September data from estate agents 'points to a pricing correction despite average house prices continuing to rise'.
From turnkey one-beds to carbon zero family homes: Prime market trends to watch, according to a top buying agent
'Developers take heed, you will do well focusing on luxury developments for the one-bed singleton market,' advises Jazmin Atkins
The property market’s ability to adapt & evolve is what’s keeping the wheels moving – TwentyCi
Exchanges are running -20% below last year's levels, but there is still a 'substantial and solid core of activity'.