Sales
‘This is not yet a market in free fall’: Nearly 70% of all properties listed have sold so far in 2023
Reports of the market’s demise may well be greatly exaggerated, says TwentyCi, as latest data shows a 'remarkably resilient' performance in Q2.
‘No sign yet of fundamental change in market conditions’ – Propertymark
'It is clear that a core portion of the country are still looking to get moving and are not put off by current conditions,' says Propertymark.
Industry Reactions: UK HPI shows no change for the average house price in May
The annual rate of property price growth slowed from +3.2% in April to +1.9% in May, according to the UK's official House Price Index.
Demand for turnkey homes leads a ‘bumper run’ of prime deals in Marylebone
'We’ve seen a flight to quality,' says Nick Poppe, co-head of Savills Marylebone, as the office reports an 'exceptionally strong' run of top-end property sales.
Buyer & seller sentiment ‘remarkably stable’ – OnTheMarket
Portal's latest survey finds nearly two-thirds of sellers are still confident of securing a buyer within three months.
Philip Harvey: Three ‘stealth’ trends now coming of age in the London property market
'Knowing what will stay hot, and what will not, is important': From younger buyers redrawing the map, to market sectors that have literally sold out, PV's senior partner pinpoints the key themes to watch.
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;