Sales
Buyer vetting ‘paramount’, warns PCL agency, as realism goes out the window
High numbers of buyers are demanding significant discounts and 'failing to conduct themselves in a credible manner', reports Eccord.
Market Snapshot: Prime regional house prices ‘begin to stabilise’
'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.'
Buyers & sellers spring into action as London market thaws
31-branch agency Chestertons saw a 22% uplift in buyer enquiries last month, and brought 30% more properties onto the market.
Between the Lines: Why you should handle house price data with care
Conflicting signals in recent months have highlighted the pitfalls of relying too heavily on house price indices, says Tom Bill.
‘What we are now experiencing may simply mark the start of the ‘new-norm’, says buying agency
But Garrington expects "further mixed conditions" and a lots more "dramatic headlines" in the coming weeks and months.
Major bank expects UK house prices to fall 10% this year
Santander has reported a 37% drop in mortgage applications in the last quarter.
UK resi market proving robust in face of ‘significant and determined headwinds’
Stable or upside scenarios have started to look more credible, says TwentyCi.
Resi land values soften amid housing market uncertainty
The market backdrop remains challenging, but there are some early signs that activity is picking up.
Confidence amongst top-end home-movers has bounced back to where it was in early 2022
Savills has surveyed 1,200 prospective prime property buyers and sellers to see how attitudes have shifted in the last year.
Asking prices nudge upwards as deal numbers recover
The property market is showing "unseasonal pricing restraint", says Rightmove as the average UK asking price rises by just 0.2% in the last month.
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 LonRes, ONS, Foxtons, JLL, Arcadis, OnTheMarket & more...
‘Lower-value markets are holding up better than expected’
The chaos that followed the mini-Budget affected UK property markets at all price points, says Knight Frank's Tom Bill - and all sectors now seem to be recovering.