Sales

The average UK property price fell by 0.3% in November 2022, according to the official House Price Index, but London saw a 0.1% rise.

60% of properties were SSTC within 30 days last month, reports OnTheMarket, up from 42% in November

Landmark's Q4 transactions data tell of 'a property market on hold as movers wait for the new year to take action'.

The rental market is finally showing signs of normalising, reports Chestertons

Property portal notes 'tentative sign of stability' as asking price rise in January after two negative months.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Rightmove, Zoopla, JLL, Knight Frank, the ONS & more...

Zoopla's Richard Donnell argues the impact of higher mortgage rates has been 'overestimated'

Chestertons expects 25% fewer properties will come onto the market and change hands in 2023, compared to a ‘normal’ year

...but prices and stock levels both fell in the final quarter, reports JLL.

December's figure of 7.8% was down from November’s 9.2%, and the peak rate of 12.9% recorded in August 2022.

'There is an argument for vendors to consider an earlier public market launch this year', says new boss of the agency's country department.

Black Brick has picked Mayfair, St John's Wood, North Ken, Acton and Herne Hill as its five locations to watch in the year ahead. Here's why...