Sales
Prime London Property Market Snapshot: Week 35, 2023
The latest LonRes data tells of subdued end to the Summer holidays for the prime property market.
PCL bargain hunters facing disappointment, warns buying agency
Some purchasers are expecting to 'hold all the cards' and achieve reductions of up to 20% off last year’s prices - and cheeky offers are costing them valuable credibility.
‘Asking prices in the majority of PCL remain frankly delusional’: Emma Fildes on a rollercoaster year for resi property
From the post-pandemic frenzy to the sticky situation buyers & sellers find themselves in today, how the market has changed in just 12 months.
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 Knight Frank, eXp, Savills, Zoopla, LonRes, Foxtons & more...
Housing market ‘on track to better last year despite economic backdrop’
"We’re a long way away from years like 2007 and 2008, when the markets were truly in meltdown and people were staying put," says Adam Day of eXp after checking property transaction volumes through the…
On the remarkable resilience of prime residential markets
Savills research director Frances McDonald explains what's really been happening in the prime markets across London and the country, and looks at the prospects for the rest of the year.
‘The gap between seller expectation & market reality is likely to widen further,’ warns London agent
"It seems we have a market of cautious buyers coming up against optimistic sellers, and the gap in their expectations is widening," says a London estate agency after analysing four property market indices.
There’s no boom and bust, just a gentle dip: Strutt & Parker’s Matthew Henderson on cutting through the noise
'Some buyers think it is 2008 and some sellers think it is 2021': A reflection on the events of the last few months, and outlook for the housing market as we head into the autumn selling season.
Housing transactions to slump to lowest level since 2012 – Zoopla
And house price growth has slowed to a "virtual standstill", reports property portal.
Mortgage borrowing continues to slide
Fresh data from UK Finance and the Bank of England shows a sharp decline in property lending.
Cash buyers swoop on PCL trophy homes in summertime super-prime sales flurry
“A successful run of historic trophy house sales in the capital’s prime locations reflects an increasing buyer appetite and confidence," says Noel De Keyzer, Head of Savills Knightsbridge.
‘Despite the evident market rectification, there’s an emerging robustness’ – Garrington
Buying agency senses "renewed optimism" brewing for the UK economy and property market.