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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, Savills, Rightmove, Foxtons, OnTheMarket & more...
High-end listings soar in London as ‘bumper’ market tempts vendors
New £5m-plus instructions in Q4 were 74% higher than the pre-pandemic average, reports LonRes
Property market continues to cool – RICS
The latest RICS data on residential property deals, demand, new instructions and prices all point to a continued market slowdown.
UK house prices dipped in November – official data
The average UK property price fell by 0.3% in November 2022, according to the official House Price Index, but London saw a 0.1% rise.
Buyers & sellers ‘get on with moving’ as sentiment holds up
60% of properties were SSTC within 30 days last month, reports OnTheMarket, up from 42% in November
New listings continue despite buyers putting home-moves ‘on hold’ in Q4
Landmark's Q4 transactions data tell of 'a property market on hold as movers wait for the new year to take action'.
‘Frustrated’ sellers boost London’s lettings inventory
The rental market is finally showing signs of normalising, reports Chestertons
Rightmove reports ‘a more encouraging start to the year than many anticipated’
Property portal notes 'tentative sign of stability' as asking price rise in January after two negative months.
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 Rightmove, Zoopla, JLL, Knight Frank, the ONS & more...
‘There’s reason to be more optimistic about the market than many would have you think’, says portal’s research chief
Zoopla's Richard Donnell argues the impact of higher mortgage rates has been 'overestimated'
London buyers face slim pickings as vendors sit tight
Chestertons expects 25% fewer properties will come onto the market and change hands in 2023, compared to a ‘normal’ year
Buyers spent a record £5.2bn on PCL property last year
...but prices and stock levels both fell in the final quarter, reports JLL.