Sales
The Times: Why house prices didn’t crash in 2023 and are unlikely to do so now
Economics expert David Smith explains how the housing market has so far managed to swerve a major downturn in this piece for The Times.
‘Window of opportunity’ is closing for buyers in Prime Central London
Strutt & Parker's Central London offices enjoyed a 'significant' flurry of buying activity last month, with 84% more offers accepted in November than in October.
‘Committed’ buyers drive prime sales surge in St John’s Wood
Exchanges have been running 40% higher than the five-year average in the leafy NW London neighbourhood, reports agency.
A ‘wave’ of wealthy American & Middle Eastern buyers is driving a super-prime property boom in Mayfair
Almost twice as many homes have sold for more than £10mn in Mayfair this year than in 2022.
Average asking prices to drop 1% in 2024, predicts Rightmove
The property market displayed 'much-better-than-predicted resilience this year,' says Tim Bannister, despite a bigger than usual December dip for new asking prices.
Mortgage lending to fall in 2024, predicts UK Finance
'We expect lending to remain weak in 2024, with a gradual improvement in affordability reflected in a modest increase in activity levels in 2025,' says banking industry trade body.
Meriam Makiya: Key residential trends to watch in 2024
Buyers are becoming more discerning, and placing greater emphasis on community and amenities, writes BPSDC's resi boss.
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 Reuters, Rightmove, Knight Frank, Beauchamp Estates, Hamptons & more...
Knight Frank upgrades global house price forecasts as ‘some prime buyers appear confident that the worst is now behind us’
'Cautious optimism is emerging as prime buyers consider economic headwinds to be easing,' says Knight Frank, as the property firm raises its outlook for international resi price growth in 2024.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Property sellers are ‘slashing’ asking prices within weeks of first listing to entice buyers
'It’s a challenging landscape for sellers at present,' says Yopa, explaining: 'Higher mortgage rates have caused buyer numbers to dwindle and this has very much transferred the balance of power from…
Jo Eccles: Reflections on a challenging year
Eccord's MD summarises the key themes at play in PCL over last 12 months, and some trends to keep an eye on in the lead-up to the holidays.