Sales

The latest Bank of England mortgage statistics illustrate the property market's 'convincing rebound', says Knight Frank, while Savills suggests the March data 'reflects an increasingly stable and competitive…

2022 saw the lowest-ever recorded total of applications and permissions granted in PCL, reports CBRE.

A period of 'intoxicating exuberance' at the top of the property market has given way to 'much greater sobriety when it comes to pricing,' says Savills' research chief - but this market come-down 'has…

The property market 'continues to rebalance', says Zoopla, with price growth slowing as supply improves.

It now takes an average of 250 days for a property to move from initial marketing to a completed sale.

High numbers of buyers are demanding significant discounts and 'failing to conduct themselves in a credible manner', reports Eccord.

'Buyers are not feeling the same sense of urgency that they felt last year,' says says Frances McDonald of Savills Residential Research;' they’re more cautious and are happy to bide their time.'

31-branch agency Chestertons saw a 22% uplift in buyer enquiries last month, and brought 30% more properties onto the market.

Conflicting signals in recent months have highlighted the pitfalls of relying too heavily on house price indices, says Tom Bill.

But Garrington expects "further mixed conditions" and a lots more "dramatic headlines" in the coming weeks and months.

Santander has reported a 37% drop in mortgage applications in the last quarter.

Stable or upside scenarios have started to look more credible, says TwentyCi.