Company Tag: LonRes

PrimeResi's regular stock check, powered by LonRes

New LonRes data tells us that 23% fewer sales were agreed last week than in the previous seven days, and 26% fewer than in the same week last year.

PrimeResi's regular stock check, powered by LonRes

There has been a bounce in homes going under offer and in new sales instruction following the election, but agreed sales in the capital's prime postcodes remain thin-on-the-ground.

PrimeResi's regular stock check, powered by LonRes

Things continue to be relatively quiet in Prime Central London, with less home-buying and selling activity taking place in Week 28 2024 compared to the same seven day period in previous years.

LonRes recorded an annual decrease of 2.5% in lets agreed and a 5.1% fall in new instructions last month - while rental growth slipped to 0.4%.

Latest Prime London data shows activity slowed in the lead-up to the General Election, while the annual rate of price growth dropped to -4.5%

PrimeResi's regular stock check, powered by LonRes

The latest data suggest last week's General Election had little real effect on home-buying and selling activity across London's prime postcodes.

Property data platform & network strengthens board with appointment of Lomond's John Ennis.

PrimeResi's regular stock check, powered by LonRes