Sales
Real estate markets will see ‘green shoots of recovery’ by the end of 2023, predicts CBRE
'The clouds will begin to break later in the year,' says CBRE's research chief, Jennet Siebrits.
House prices fall as the property market continues to slow – RICS
'The downturn in the housing market this time could be shallower compared with past experiences,' says Simon Rubinsohn, Chief Economist at the Royal Institute of Chartered Surveyors.
Home-buyers pick longer mortgage terms
Over a quarter of home-mover mortgages secured in Q3 were for terms of more than 30 years, up from fewer than one in ten a decade ago.
Media headlines ‘are not aligned’ with PCL property market reality, says buying agent
'Buyers are feeling overwhelmed by news reports and headlines, which are often not fully reflective of the experience many of them are having on the ground,' says Jo Eccles of Eccord.
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 Savills, Zoopla, the BoE, Knight Frank, LCP & more...
London’s super-prime property market ‘has very much found its feet again’ as transaction levels remain high
Spending on £10mn+ homes in London has reached a seven-year high, leading Knight Frank's Rory Penn to suggest that 'for now, the super-prime market in London has very much found its feet again.'
‘This is a low volume market’: Only 12 house sales recorded per week in PCL
Rolling 12-month transaction volumes are some of the lowest on record, reports LCP.
Mortgage lending slumps as interest rates rise
The latest Bank of England data shows a sharp drop in mortgage lending and mortgage approvals in the aftermath of the short-lived mini-Budget.
‘House price inflation is losing momentum fast’ as home-buyer demand plunges 44% – Zoopla
"A widespread repricing of housing underway," says Zoopla, as buyer demand sinks and more vendors cut asking prices.
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, Rightmove, LSL, Savills & more...
Calculating the prime coastal village premium
The average value of prime property in the UK's coastal villages has soared by over 26% since early 2020.
Market-watchers agree house prices will fall – but by how much?
A raft of influential property market-watchers have torn-up their house price forecasts, now anticipating a particularly rough year ahead for the housing sector as the wider economy struggles.