Sales
Larger homes are taking ‘considerably longer’ to sell
'One of the early underlying trends of 2023 and a direct effect of higher mortgage rates has been strengthening demand for smaller homes,' says Hamptons, as the housing market slows down.
Dubai leads global super-prime sales bounce, as £10mn+ deals falter in London
International super-prime property market activity 'slowed noticeably' last year, says Knight Frank - but things perked up again at the start of 2023.
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 Foxtons, JLL, HMRC, Zoopla, Savills, Knight Frank & more...
‘We are beginning to see clear signs of a rebound in Prime Central London’: Strutt & Parker flags resurgent property market
'Regained optimism signals a spring rally' for prime property markets in and around London, says Strutt & Parker, as the estate agency stands by its 2023 house price forecasts despite a turbulent economic…
Mortgage approvals have fallen by 26% in the last year
Mortgage lending has dropped to the lowest level on record, if the period since the onset of the Covid-19 pandemic is excluded.
Industry Reactions: Property transactions plunge by nearly a third
HMRC has reported a 'particularly large' drop in residential property transactions from March to April.
Tom Bill: Prime London’s sales market proves resilient as supply builds
Buyer demand is running a third above the five-year average in prime London, says Knight Frank's research head, while the supply of homes available to buy is up 16%.
House prices have fallen 1.3% in the last six months, but activity is rising – Zoopla
Sales volumes are still on track to be 20% lower than last year.
Move over Mayfair: Knightsbridge market ‘finally turns a corner’ as apartment living makes a comeback
Harrods Estates highlights a resurgent super-prime market around its famous namesake department store, with buying and development activity outpacing pre-pandemic levels.
Talking Heads: What would a Labour-led government mean for the prime property market?
The spectre of Corbyn may be laid to rest, but the threat of a mansion tax continues to haunt the streets of PCL as election chatter intensifies.
Guy Meacock: Why Chelsea is still pick of the bunch for prime property buyers
A buying agent's guide to the best streets and schemes in SW3, and what's happening in the sales market right now...
Industry Reactions: UK HPI shows another fall for average house prices
March saw property values dip for the fourth month in a row, according to the latest official data.