Company Tag: Zoopla
Property industry reactions: Six weeks until the General Election
Leading property brokers, developers & market-watchers have broadly welcomed news of an imminent General Election.
House prices ‘to continue to firm over 2024’ as sales volumes rise
Higher mortgage rates continue to impact buying power, says Zoopla, as price remain static but sales volumes rise.
Housing market activity ‘improves across all key measures’ – Zoopla
The average discount between asking price and agreed purchase price narrowed from 4.5% in November to 3.9% in March 2024.
Major London firm signs long-term deal with ‘agent-friendly’ Zoopla
Property portal reports a 13% increase in London property listings in the last year.
Portal predicts 10% increase in property sales this year
Zoopla's latest analysis tells of 'greater buyer confidence and more realism on pricing by sellers' - leading to more activity in the housing market.
Sales market sees strong start to the year, but ‘it’s important not to get carried away by the outlook for the rest of 2024’
Zoopla recorded a sharp increase in property sales and London buyer demand in the opening weeks of this year.
In Pictures: 2023’s 20 most-viewed property listings
From country mansions and castles to suburban semis and a bijou investment flat, Rightmove and Zoopla have revealed which property listings attracted the most online eyeballs this year.
House prices continue to fall despite improving market sentiment
'UK housing still looks expensive by historic standards,' says Zoopla, which expects prices to fall a further 2% in 2024 'as prices and incomes re-align.'
‘Rental growth has now peaked and we expect a major slowdown in 2024’, says Zoopla
'There are signs that the UK rental market will turn in 2024,' says Richard Donnell; 'rents are reaching the maximum affordable price and rental demand is starting to slow.'
‘These are the best conditions for home buyers for some years’ – Zoopla
Property prices are still falling across most of the UK as supply improves - with buyers in London and the South East securing the biggest asking price discounts.
Zoopla expects average house prices to fall 2% in 2024
'The risk of a major collapse in house prices is becoming less of a concern,' says Zoopla, although some areas could see a 5% decline next year.
Zoopla drums up interest in fall-throughs with new ‘back to market’ feature
Around 40% of sales are falling out of bed at the moment, says the portal.