Location: United Kingdom
Feeble Autumn price bounce as vendors hold back
Rightmove reports a 13.5% year-on-year drop in new property listings, with October's traditional price bounce coming at just +0.6% - the lowest monthly rise at this time of year since 2008.
Hamptons toasts record lettings performance
Lettings division of Countrywide-owned agency posts best ever third quarter, with year-on-year growth in every month so far this year
London prices fall for twelfth month in a row
The market across England & Wales continues to 'deflate slowly', according to LSL & Acadata
London vendors slash prices to secure a buyer before Christmas
Chestertons recorded a near-60% increase in price reductions across its network in September, which looks to have stirred buyers into action...
Friday Showcase: Ten featured prime resi listings
A weekly stock check, powered by LonRes
Grand St John’s Wood renovation project looks for £10m+ by 8th November
This whole house on Hamilton Terrace is currently divided into six flats, but has planning permission to return it to a single imposing residence; it's being offered for sale by informal tender
‘Buyers & sellers recalibrate and try to second-guess what’s coming next’
"Much like the weather over the last month, the property market has become increasingly unpredictable," says national buying agency Garrington in its monthly top-line review of market machinations.
The number of UK property firms in ‘significant financial distress’ has risen by 78% since 2016
Sector has been 'particularly badly affected' by deteriorating economic conditions, says insolvency firm Begbies Traynor
US discharges Mayfair mansion block
Former US Marine Corps accommodation near Grosvenor Square has lain empty since the American Embassy relocated to Nine Elms, but is now being pitched to owner occupiers, investors and developers...
Asking rents jump to record highs in London & around the country
Nearly a quarter of landlords are planning to cut their property portfolios in spite of record asking rents, says Rightmove
Showtime for new Kings Road scheme
Mixed-use project on the site of the old Cineworld building is delivering a three-screen Everyman cinema and eleven luxury apartments
Prime London property transactions jump 14%; instructions up 9% – but prices fall
New LonRes data for Q3 tells of a markedly busier Summer compared to last year in prime London - although the market above £5m remains subdued