Company Tag: LonRes

PrimeResi's regular stock check, powered by LonRes

There's been an upturn in new sales and rental deals across prime London in the last week, although activity remains below previous years' levels.

Negative numbers abound in our latest weekly sit rep for the prime London property market.

41% fewer property sales were agreed in prime London last week compared to the same week in 2022, according to the latest PrimeResi Data Hub update.

PrimeResi's regular stock check, powered by LonRes

Instructions rose by 20% last month, but available stock levels are still 50% down on pre-pandemic times, reports LonRes.

The number of properties going under offer last month was down by over a quarter on last year's levels, which 'could impact on the outlook for the last three months of the year', warns LonRes.

PrimeResi's regular stock check, powered by LonRes

Price cuts are proliferating in prime London's sales and rental markets, according to the latest LonRes intelligence.

PrimeResi's regular stock check, powered by LonRes

Far fewer deals are taking place in prime London than at this time last year.

PrimeResi's regular stock check, powered by LonRes