Gap between average asking & sold prices widens to 17%
'Sellers remain largely over-confident when it comes to their asking price expectations versus the price they are actually able to sell their property for,' says Yopa.
Industry Reactions: ONS data shows average house prices increased in January
Official UK HPI data indicates new-build sales are driving price increases while resale property values continue to fall.
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UK HPI: House prices increased by 2.2% in the year to May
London property values have increased for the first time on an annual basis since May 2023.
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UK house prices are ‘currently 8% over-valued’ – Zoopla
Property prices are likely to morph from "over-valued" to "fair value" by the end of the year, says property portal, despite an anticipated 1.5% increase in average prices.
By PrimeResi
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In Pictures: ‘Extraordinary’ 60,000 sq ft ski chalet features F1 simulator & car museum
Byron Baciocchi's Unica Capital is building a 'record-breaking' leisure palace in Gstaad.
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Boutique agency scores hat-trick of super-prime sales in Primrose Hill
House Collective's trio of £10mn-plus deals featured some rare large-scale family houses in the popular NW London enclave.
Belgravia sees super-prime deal surge as ‘new generation of global buyer’ moves in
International HNWIs have been honing in on the prestigious PCL district in 2024, reports Savills.
Building Businesses: 2024’s top prime estate agency mergers & acquisitions
Including changes at Chestertons, Christie's International Real Estate, Fine & Country, Foxtons, and a realm of boutique London firms - plus a big portal deal that did not happen.
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Technology played a key role in creating one of the standout PCL schemes of recent years on Cavendish Square.
Ranked: Britain’s most expensive streets in 2024
Lloyds Bank's annual rundown names Knightsbridge as the UK's priciest address, with last year's title-holder Grosvenor Square falling to third place.
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Lost Interiors: Inside the great Georgian houses of London’s West End
'London was always in the forefront of taste, the place where new styles were pioneered'
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Ranked: Europe’s top cities for residential real estate investors
London reclaims the top-spot from Paris in Patrizia's bi-annual index.
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Ranked: Britain’s most expensive streets in 2024
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Knight Frank predicts ‘a sober 2025 for global prime housing markets’
Dubai, New York, Geneva and Paris are likely to see top-end residential values rise next year, but other international wealth hubs could see prices fall.
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Housing market ‘ends 2024 on a high’ as sales pipeline runs hot
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