Sales

Prices picked up in the first three months of 2024 after bottoming out at the end of 2023, and activity levels are also on the rise - but caution remains the watchword.

'Significant price movement' is being achieved in certain situations, says Eccord.

Higher mortgage rates continue to impact buying power, says Zoopla, as price remain static but sales volumes rise.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LonRes, Foxtons, Lloyds Bank, Rightmove, JLL, Savills, Knight Frank, Halifax & more...

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'There are encouraging trends across the sales and lettings activity' in Prime Central London, says research chief Marcus Dixon.

Mortgage lender expects the Bank of England to cut interest rates three times by the end of this year.

'Electoral cycles typically do not precipitate significant fluctuations in transaction levels,' new analysis shows

LonRes data shows a sharp increase in price reductions over the last two weeks.

Estate agents are telling Garrington's team that they 'are having to accept vendor-led prices to ‘test the market’ prior to either offering price reductions or accepting a lower offer.'

Prices ticked upwards by 0.3% in the first quarter of the year, the first positive quarterly growth seen since June 2022