Sales
Property market prospects ‘mirror the unpredictability of the season’s weather’ – Garrington
'The tapestry of data that make up the UK property market is now more a medley of varying trends than a harmonious tune,' says national buying agency.
More than one in five London homes sold in 2023 went above £1mn
17,590 properties have sold for more than £1mn in the capital so far this year - which is 21% of all resi transactions.
New sales listings surge as ‘sellers return to the market at mass’
Every UK region has seen a big increase in new sales listings in the last fortnight compared to the opening weeks of the year.
OTM chief: The current market is not all about plummeting prices and transactions – far from it
Those properties which are priced sensibly are attracting buyers within a sensible timeframe, says Jason Tebb, as the portal updates on its latest national sentiment survey.
Property market continued to cool in August – UK HPI
There has been no change in the average house price in England over the last year, official data shows.
Prime London Property Market Snapshot: Week 41, 2023
Market metrics continue to point to a slowing market, with 18% fewer sales agreed in prime London so far this year compared to last, and 26% fewer than in 2021.
Kensington proves the hot ticket for wealthy Americans, as buyers hit decade-long high
US purchasers are now behind one in ten exchanges in W8, reports Knight Frank.
Prime London’s sales pipeline shrinks as demand drops off
The number of properties going under offer last month was down by over a quarter on last year's levels, which 'could impact on the outlook for the last three months of the year', warns LonRes.
Rising activity in London’s £5mn+ market driven by demand for ‘world-class’ apartments
Savills flags "remarkable resilience" at the top-end of the London property market, driven by demand for luxury flats rather than houses.
Average prices still sliding across England & Wales, but pent-up demand ‘could be released in the coming months’ – new analysis
Market momentum could gather when interest rates begin to fall, suggests Acadata.
Labour’s UK housing plans welcomed, but beware of soundbites and simplification
Developers have responded positively to Keir Starmer’s pro-development rhetoric, but political aims will need to square with economic reality, says Tom Bill.
Rightmove reports lowest October asking price increase since 2008
Estate agents are telling the property portal that the sales market is 'the most price-sensitive ever'.