Sales

Prime Central London's property market recovery is taking longer than expected, says Savills, as it downgrades its forecast for this year.

New analysis finds the prime postcodes in rebalancing mode, with some encouraging signs, but the market is expected to soften as we head deeper into H2.

Eight out of ten local authority areas in England and Wales have seen at least one £1mn+ property sale so far this year, up from only half in 2012.

After a frantic first half, Tim Hyatt reviews the state of play in the prime sales, lettings and new homes markets - and looks at how the next six months could unfold…

Property portal predicts house price growth will slow to 5% by the end of this year, but buyer demand remains high in the face of rising interest rates and costs of living.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from LCP, Homesearch, Savills, Chestertons, Foxtons, Propertymark & more…

"One of the biggest Covid-related housing market trends - moving out of London for the country - could be here to stay," suggests Hamptons.

The number of home-buyer mortgage approvals has fallen below the pre-pandemic average, according to the Bank of England. “Higher interest rates are starting to bite," says Savills.

PCL heartlands including Chelsea, Belgravia, Kensington, Mayfair & Knightsbridge have accounted for half of all high-end sales in 2022 so far.

The window of opportunity for investors is closing, says LCP.

52% of homes that have been listed for sale for more than ten weeks have not reduced in price.

JLL has had a look at what's happened to Stratford's property market in the ten years since the London 2012 Olympic Games.