Industry Reactions: Official data reveals UK house prices falling at fastest rate in 12 years
The latest UK House Price Index tells of 'a frosty end to the year', says Jackson-Stops, while buying agency Garrington says November 'was the moment the slowdown turned into a slide'. But Knight Frank and Savills both suggest prices are now bottoming-out.
What to read next
Industry Reactions: Official data shows surge in house price growth
'Homeowners breaking out the champagne in response to the apparently dizzying jump in house price growth should put it back on ice,' says one buying agency boss.
Industry Reactions: Official data shows sharpest London price falls since January 2024
July's UK House Price Index recorded a third month of slowing house price growth at the national level.
Industry Reactions: UK house price growth slowed to 2% in June
But London’s rate of price decline eased again, prompting one buying agency to flag ‘increasing signs that prices have finally bottomed out’ in the capital.
Most read
Forbes-backed brokerage adds another big name to PCL line-up
Latest Founder Partner brings nearly four decades of top-end agency experience to Martin Bikhit’s new venture.
Property billionaire swaps Holland Park for Monaco
David Reuben becomes the latest big name to leave the UK, joining a Monaco set now controlling some £77bn of Rich List wealth.
RFR brings in super-prime specialist as MD
Former Knight Frank partner joins Chelsea-based buying firm.
Guardian: Why are London mansions struggling to sell?
LonRes chief says there is some ‘unbelievably good value’ in the capital's prime neighbourhoods - but warns the market has yet to find its floor.
London Square owner racks up £1bn-worth of Abu Dhabi sales in a week
International buyers drive bumper sales tally for Aldar across two waterfront launches.
Record transfer window kicks off super-prime rental bonanza
Savills handled more than 20 player and manager relocations over the summer, including a string of deals in Cheshire at more than £30k a month.
Inside St John’s Wood Square: Sales launch at ‘once-in-a-generation’ super-prime project
Portia Fox-designed show apartment unveiled as long-awaited transformation of historic NW8 barracks site hits the market, with pricing revealed for the first time.
Super-prime London scheme lands double win at global branded residence awards
Raffles-branded project takes European and urban titles at inaugural awards programme for booming sector.
Martin Kemp Design takes up residence near Buckingham Palace
Luxury design practice moves into new Buckingham Place studio, with a run of prime resi projects underway and a growing furniture range.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
LATEST ARTICLES
Have PCL property values turned a corner?
Fresh Savills data suggests the pace of decline is easing across prime markets, as buyers & sellers become 'more aligned on price.'
Major developer calls time on London as viability ‘fundamentally broken’
Economic rewards for taking development risk in the capital have 'evaporated,' says housebuilding giant boss.
Sotheby’s International Realty rolls out 50th birthday marketing pageant
Luxury property broker brand marks milestone anniversary with an ad campaign, a coffee-table book and a big agent gathering.
Rate fears & Budget jitters deepen top-end housing slowdown – RICS
September's survey of surveyors confirms London remains notably weaker than the national market.
Chestertons names new short-lets boss
London agency reports growing demand from owners whose properties have been sticking around on the sales market.