Why the price expectation gap between buyers & sellers risks widening

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Rising supply and mortgage rates may increase downwards pressure on asking prices, explains Knight Frank's head of UK resi research.

Written by

Tom Bill

Head of UK Residential Research at Knight Frank

Tom Bill is Head of UK Residential Research, producing reports that include Knight Frank’s flagship Prime Central London indices, the Super Prime London Insight and the London Residential Review. He has written detailed reports on London sub-markets and contributes to The Wealth Report and Global Cities report. Tom, a former Bloomberg and Reuters property journalist, is a regular media contributor on the London property market and has presented at events in Europe and the Middle East.

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Savills updates on the latest prime-level pricing & activity trends, and reveals what its agents are seeing on the ground as we head into the new season...
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Conflicting signals in recent months have highlighted the pitfalls of relying too heavily on house price indices, says Tom Bill.
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The number of sellers listing their property is only growing gradually as the traditional selling season arrives, says Knight Frank's research head.