Sales
Asking prices dip as buying activity falters – Rightmove
Buyer demand 'remains resilient', says property portal - but transaction numbers have fallen as higher interest rates bite.
Buyer caution ‘isn’t necessarily translating into large discounts’ – Hamptons
'Most vendors are prepared to wait and see what happens in the hope that they’ll achieve a better price and a lower mortgage rate in the future,' says top-end estate agency.
London’s £5mn+ market is back in business – Savills
Latest indices 'underscore the remarkable resilience' of the capital's top-end property market.
England & Wales house price growth slows for tenth month
...but the average price is still £4,500 up on this time last year, reports Acadata.
Mainstream property market sees ‘renewed deterioration’ as buyer enquiries fall again – RICS
'An important message coming back from RICS agents is around ensuring prices are set with an eye on the market conditions of today, rather than the recent past,' says the Institute's Chief Economist;
Encouraging lead indicators give rise to ‘cautious optimism’ in Prime London
'Buyers are still out there and they are keeping the market moving and underpinning values – at least for now'
The king is dead, long live the king: LonRes’ Anthony Payne on the half-comm market
Throughout the many ups and downs of recent decades, the inter-agent market has prevailed - and those who have embraced it have tended to do rather well, says the LonRes MD.
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 JLL, Zoopla, Knight Frank, LonRes, Savills & more...
PCL prices have fallen 5.9% in the last year – JLL
'The implications of stubborn inflation on the UK mortgage market are hampering activity in Prime Central London,' says JLL.
Total value of UK housing market ‘hits £10.7 trillion’
Zoopla flags 'a postcode lottery' across the UK, with a roughly even split between the number of homes seeing values rise and fall.
Cash buyers dominate in Prime Central London as mortgage rates climb
Nearly three-quarters of recent residential property deals in Prime Central London involved cash buyers, according to analysis by Savills.