Industry reacts to another slide in transaction volumes
Latest figures from HMRC point to a 'subdued' performance in the final quarter, but housing experts say 2024 has started on a brighter note.
Resi transactions slip, but not by much – property industry reacts
'We haven’t turned the corner yet' but minimal month-on-month fall amidst a backdrop of stubborn inflation and high mortgage rates 'is a ringing endorsement for the resilience of the property market…
Transaction volumes suffering in ‘subdued’ Prime London sales market
Things have been noticeably quieter in the prime postcodes over the summer, and the traditional autumn activity surge may not happen this year, warns LonRes.
House price change turns negative for first time since 2012 as transaction volumes hit 17-year low
Acadata reports average prices across England & Wales are now falling by -1.3% annually, following nearly a year of monthly declines - but a recovery appears to be underway in London's high-value neighbourhoods.
Most read
Former embassy sold in Mayfair’s biggest house deal of 2025
‘Landmark’ sale of £22mn Park Street mansion shows resilience of PCL market, say agents.
In Pictures: ‘One of the finest homes in South West London’ hits the market at £25mn
Agents expect 17,000+ sq ft trophy home in Fulham to attract strong interest from PCL-based buyers seeking scale & seclusion.
In Pictures: Vast Georgian-style mansion in Kensington seeks £35mn
'This really is the house which has everything,' says sales agency.
Charles Curran: Forget the hype, this is reality
Boutique estate agency boss (and former private equity banker) rails against misplaced optimism - calling for honesty, realism and tough love in today’s Prime Central London market.
Russell Simpson builds Mayfair team
Beau McCarty has joined Hermione Russell's recently-opened office.
Green light for ‘landmark’ redevelopment scheme in Chelsea
Transformation of one of the neighbourhood's 'most iconic sites' is due to deliver 24 luxury homes and a flagship retail space.
DDRE Global brings in Eales as head of agency
Arrival of Strutt & Parker’s former deputy head of resi marks a 'new era' for the luxury real estate brokerage.
Brokerage recruits ex-Savills department head
Sam Pagett will be covering the Cheltenham patch as a Moveli broker.
American, Chinese & Israeli tenants ‘dominate’ London’s luxury rental market in 2025
Super-prime lettings agency flags 'influx' of Hollywood A-listers looking for turn-key homes in North London, amongst other trends.
Is the Prime London sales market turning a corner?
Latest LonRes data shows strong pick-up in under offer numbers and stabilising values - along with signs of a resurgence at the very top-end
LATEST ARTICLES
Landlord & tenant price expectations ‘widen’ as policy change looms
Landlords are 'assessing options' ahead of the Rental Reform Bill becoming law, says Savills.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Elle ramps up branded resi expansion with two new launches
Fashion brand's double launch in Brazil follows a debut residential project in Miami and a second scheme in Dubai.
Hybrid agents gain ground in the £1mn+ market
TwentyEA flags 'a notable changing of the guard' in the estate agency arena, as a broker platform posts dramatic growth.
Ultra-luxe Dubai mansion sold in region’s latest ‘benchmark’ deal
Super-rich buyer splashes out on AED 150mn super-home in Dubai Hills Estate