Sales
New shortage of property for sale looms, warns London estate agency, as market appraisals drop by a third
Buyer demand remains strong in London, reports Chestertons - but the estate agency carried out 34% fewer market appraisals in October than in September...
Property market moves towards ‘a lower activity environment’
Residential transaction volumes are likely to drop to under three-quarters of pre-pandemic levels in 2023, suggests Savills, and not recover until 2025.
Abrahmsohn: I see the property market moving sideways for a while
Current predictions of a long and drawn-out recession are overdone, writes Glentree boss Trevor Abrahmsohn.
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 Knight Frank, JLL, Credit Suisse, Savills, London House & more…
Tom Bill: Was the October dip a blip?
Weak UK housing market data in October is not a reliable indicator for what comes next.
PCL property prices to climb 13.5% over the next five years, predicts Savills, as prime markets out-perform
Savills has updated its five-year property market forecasts, predicting price drops in all regions and sectors in 2023.
Apartments back in vogue in prime London, as pandemic trend reverses
After falling out of favour during the race for space, flat sales have now returned to pre-pandemic levels.
House prices are set for a correction not a crash, says JLL
House prices crashes have been rare in the UK, says JLL's research chief, Marcus Dixon - and average prices have never slumped by more than 20%.
Mortgage approvals dropped ‘significantly’ as rates rose last month
It's 'not yet an unambiguous sign of a housing market slowdown', insists Knight Frank.
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 TwentyCi, Zoopla, Savills, Oxford Economics & more…
Tom Bill: What Rishi Sunak means for the UK property market
'How far the new PM can wind back the clock is a significant question for the UK housing market.'
Higher mortgage rates set to erode house price ‘paper gains’ next year – Zoopla
'Homeowners wanting to sell in 2023 will need to be realistic on price and may have to forgo some of the pandemic price gains to achieve a sale in 2023,' says Zoopla's research director, Richard Donnell.