Format: News
Property market moves ‘back to normal’ as Summer heat cools – Propertymark
Another market index tells of slowing buyer demand and less pressure on house prices.
Transaction numbers tumble from last year’s high
HMRC recorded 55% fewer residential property sales in June this year compared to last; it's the slowest June in nine years.
Connells signs up to Viewber’s lone worker safety app
Connells Group is encouraging all its agents to download the free ViewBuddy app.
Savills’ ‘biggest ever’ auction raises £78mn
Agency reports ‘frenzied’ bidding at record-breaking July event, as lots including a unique sea fort went under the hammer.
Christie’s International Real Estate plans ‘major’ expansion across Japan
Global network inks deal with Hokkaido-based H2 Group, paving the way for a rollout across the key markets of Tokyo, Kyoto, Osaka, Hakuba, Fukuoka and Okinawa.
Elephant & Castle resi block shortlisted for the Stirling Prize
The RIBA Stirling Prize is Britain's most coveted architecture award.
£1.7bn pumped into UK build-to-rent in the first six months of this year
"The incredibly robust income offered by BtR and strong rental growth across the sector are continuing to attract significant new capital to the market," says Knight Frank.
Vendors are now achieving 99.4% of asking price, on average
More property sellers are getting closer to their asking price now than last year, with 41% of postcodes seeing the average deal being done at or above asking.
PCL agency launches invitation-only microsite for trophy home listings
Rokstone will be showcasing £20mn-plus instructions via a classified extension of its main website.
Annual house price growth climbs to +12.8% – UK HPI
The latest official house price index tells of a 1.2% monthly increase for the average UK home in May, up from a 0.4% rise in the same period last year.
Mapped: Areas with the highest (& lowest) daily property price growth since the start of the pandemic
Zoopla estimates that the average UK home has seen its value climb by £48 every day since March 2020 - but some areas have seen significantly higher growth of up £106, while the value of many London…
Five graphs that show what’s really happening in the London lettings market in 2022
Foxtons gets to grips with the supply/demand imbalance that’s driving rents skywards.