Sales
Boost for prime country market as buyers spring into action
Following a bumper 2022, Savills has registered the highest number of buyers looking for £5m-plus homes since its analysis began.
Mortgage lending falls again as the housing market ‘suffers a prolonged hangover from the mini-Budget’
'There remains a huge amount of nervousness among borrowers, who aren't sure which way mortgage rates are likely to move next,' comments Knight Frank Finance on the latest BoE mortgage lending data.
Ranked: The world’s ultra-prime & super-prime property hotspots
London and New York continue to lead for ultra-prime home sales - above US$25mn - according to Knight Frank's just-published Wealth Report 2023.
PCL agency reports flurry of enquiries as buyers make their move
2023's purchasers are falling into two categories, says buying firm Eccord.
Three years on: How the pandemic ‘reshaped’ the UK’s property market
House prices have soared by an average of over 20% since the onset of Covid-19, reports Halifax, with huge variations driven by a 'fundamental shift in buyer demand'.
Prime London market’s strong start to the year ‘shows little sign of faltering’
Demand is holding up and price declines appear to be bottoming out, reports Knight Frank.
Why the UK’s housing slump may be ‘less painful’ for the wider economy than last time
Capital Economics expects house prices to fall by 10-15% - but the impact on the wider economy may not be as severe as in previous property market downturns...
‘Greater realism’ hits property sellers, as more under-asking offers accepted
A 'soft reset in house prices continues,' says Zoopla, as sales supply improves and vendors cut price expectations.
The View from Scotland: A pause for reflection may be no bad thing for the property market
'Investing in the housing market was never a short-term play', says DM Hall boss John McHugh, as he provides a sit-rep on a slow start to the year for the Scottish property market.
Foreign buyer numbers fall in PCL
Overseas buyers accounted for 39% of purchases in Prime Central London last year, down from 55% in 2018.
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 Middleton Advisors, Knight Frank, Savills, Rightmove, Propertymark, Foxtons & more...
Agency reports surge in domestic buyers returning to PCL
UK purchasers are now in the majority in London's most exclusive neighbourhoods, reports London Central Portfolio.