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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 Hamptons, Halifax, Savills, LonRes, Knight Frank, Tyburn & more...
Tom Bill: The prime London property market remains in a holding pattern
Property prices in London have been far less volatile than the rest of the country during this latest period of economic turbulence, says Knight Frank's research chief.
Moreas Madani: Five reasons why UHNWIs are opting for luxury new-builds
'There has been a clear shift in demand for purpose built prime homes that offer a lifestyle that can match or exceed that on offer at an exclusive 5-star hotel'
More than half of homes sold in September had their asking price reduced
'With some sellers still holding out for last year’s prices, it’s the number of homes changing hands rather than their price that’s bearing the brunt of the slowdown,' says Hamptons.
Prime London property ‘remains more robust’ than mainstream markets
But top-end buyers' price expectations are still 'markedly lower' than sellers' across prime London, says Savills.
Prime London Property Market Snapshot: Week 39, 2023
Far fewer deals are taking place in prime London than at this time last year.
‘Prime markets furthest from London are holding up the strongest,’ says Savills
Scotland is now the UK's 'top performing' prime property market.
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 HMRC, Zoopla, Strutt & Parker, Benham & Reeves, Propertymark, Savills & more...
Forecast: PCL rents set to soar 24% by 2027, while property values likely to climb 8%
Knight Frank has updated its property market forecasts, expecting Prime Central London prices to out-perform other markets over the next five years.
Mortgage approvals dipped further in August – BoE
August saw net mortgage approvals for house purchases fall to the lowest level since February.
Jo Eccles: The autumn market is gathering momentum
Buyer confidence has been boosted by a number of factors over the last few weeks, and enquiries levels are back up to last year's levels, reports Eccord's MD.
Ollie Marshall: Peaks, plateaus & safety nets
Buying agent Ollie Marshall surveys the economic landscape as hopes rise that we may have finally reached the end of this tightening cycle.