Main image: UK residential property transactions by month between April 2020 and April 2023
Industry Reactions: Property transactions plunge by nearly a third
HMRC has reported a 'particularly large' drop in residential property transactions from March to April.
Industry Reactions: UK HPI shows another fall for average house prices
March saw property values dip for the fourth month in a row, according to the latest official data.
By PrimeResi
Housing market ‘defies expectations’ as transactions remain above pre-pandemic levels
Zoopla's latest data provide 'clear evidence buyers and sellers are striking deals at an increasing rate despite modest price reductions.'
By PrimeResi
Property sellers show ‘increased pricing confidence’ as the property market continues to defy expectations
But there are 'some signs of over-optimism' amongst vendors at the top end of the property market, warns Rightmove.
By PrimeResi
Most read
Interview: Knight Frank’s resi chief Tim Hyatt on navigating a ‘complicated’ market & how the business is planning for the future
'I don't think I can ever remember being in such a confused, complicated, exciting market': PrimeResi discusses digital modernisation, industry fragmentation & market predictions with the high-profileā¦
Knight Frank claims dominance in London’s prime & super-prime markets
High-profile agency updates on sales figures, market share & projections for 2025.
Major London estate agency accused of ‘a culture of sexual harassment, antisemitism, racism & bullying’
'Any matters of sexual harassment or misconduct are taken extremely seriously, thoroughly investigated and in no way tolerated,' says Foxtons in response to a Bloomberg investigation.
By PrimeResi
Agency seals string of big-ticket deals in SW London
Resale records fall in Barnes & Wimbledon as a new generation of wealthy buyers seeks out London village living.
Historic Cotswolds ‘masterpiece’ now seeking £13.5mn
Previously asking Ā£20mn, the Grade II* listed Edgeworth Manor near Stroud is one of the Cotswolds' finest.
Veteran London agent laments ‘ritual slaughter of agents’ coffers by the digital portals’
'Rightmoveās latest 18% price hike is outrageous,' rails Trevor Abrahmsohn. 'But what do the agents really expect now that they have lost control of OnTheMarket?'
The Building Safety Act & Luxury Property Development: What we’ve learned so far
It's been over a year since the Building Safety Act came into force, bringing sweeping changes for the construction sector.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
International buyer picks up £15mn Mayfair townhouse
Knight Frank's Mayfair & Private Office teams collaborate on sale of 'exceptional' property near Hyde Park.
In Pictures: Mathieu Lehanneur-designed Manhattan penthouse seeks $32.5mn
'Museum in the sky' at luxury Foster + Partners project showcases works never before seen in NYC.
LATEST ARTICLES
Key launches, challenges & trends in London’s new homes market
Sales are proving strongest for build-complete homes, and nearly a third of developers are expecting stronger reservation volumes in 2025, reports Anna Ward.
By Anna Ward
Property Listenings: Three real estate podcasts to hear this month
Catch up on fascinating conversations with industry insiders in PrimeResi's new regular round-up.
Italian property firm buys prominent Spanish agency; signals UK ambitions
Dils has taken a majority stake in Lucas Fox, and is looking to expand into more European markets.
By PrimeResi
Net zero & historic buildings: 7 key unknowns & 6 important questions for policy-makers
Improving the energy-efficiency of older homes is a vital part of the march to lower carbon emissions & combatting climate change.
By PrimeResi
Property market’s ‘positive momentum’ continues as price growth plateaus – Zoopla
'While market activity is on the rise we expect house price growth to be kept in check over 2025,' says property portal.
By PrimeResi