Format: News
London vendors ‘undeterred’ despite drop-off in buyer numbers
30-branch estate agency Chestertons recorded a 10% rise in new instructions last month, but says there are fewer purchasers entering the market.
£1mn-plus market stays strong in UK’s ‘most searched-for’ region
High-end homes in Scotland continued to attract strong interest and premiums in the first half of 2023, reports Savills
Proptech boss steps down following company acquisition
Joe Pepper has handed over the reins at TM Group.
‘Only the more serious homebuyers & sellers are remaining proactive active in the market’ – Propertymark
The number of property viewings has plummeted, reports estate agency trade body.
Carter Jonas recruits new resi sales head in Cambridge
New addition strengthens the agency's Eastern residential team.
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, Foxtons, LonRes, UBS, Knight Frank, Acadata & more...
Prime London rental stock is still in short supply
Even after a 25% increase last month, available stock levels remain around 57% below the typical pre-pandemic level for this time of year, reports LonRes.
August sees ‘much larger than usual price drop’ – Rightmove
Average UK asking prices are now 2% lower than at their peak in May - but remain nearly a fifth higher than in August 2019.
First resale of Scotland’s ‘most expensive’ development hits the market
Savills is looking for offers in excess of £2,212 per sq ft for a resale apartment in Hamilton Grand.
High-profile owner ‘mulling’ sale of two London super-homes, suggests report
A sheikh is "potentially planning" to sell ultra-prime residences in Knightsbridge and Belgravia, says Bloomberg.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Elicyon names new Creative Director
Charu Gandhi's design firm has appointed Holly Beazley, James Ford and James Manby to senior management roles.