Property price cuts on the rise as higher mortgage rates ‘hit buying power by up to 20%’
The average asking price discount has climbed to 3.8%, says Zoopla, as one in six vendors accept offers at least 10% below their initial asking price.
‘The property market looks set to remain a deal makers market’, says buying agency
Garrington rounds-up some of the big property market indicators and indices to give a buyers-eye overview of the market in June.
London property prices rise at fastest rate since 2016 – UK HPI
The latest official UK House Price Index tells of 10.6% inflation in the year to August.
Industry reacts to the latest house price index, as prices rise again
Halifax's March data suggest a return to 'relative stability in the housing market'.
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Administrators appointed to luxury property developer
Surrey-based firm has been delivering high-end family homes in London & the Home Counties for over four decades.
Ranked: Britain’s most expensive streets in 2024
Lloyds Bank's annual rundown names Knightsbridge as the UK's priciest address, with last year's title-holder Grosvenor Square falling to third place.
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Native Land’s Nicholas Gray on why clarity will boost prime property in 2025
Stability, supply & sustainability will be the keys to success in London's high-end market next year, says development chief.
Creative spaces & hotel suite equivalence: Studio boss predicts ten property & design trends for 2025
Which luxury amenities & PCL neighbourhoods will high-end buyers be honing in on next year?
Building Businesses: 2024’s top prime estate agency mergers & acquisitions
Including changes at Chestertons, Christie's International Real Estate, Fine & Country, Foxtons, and a realm of boutique London firms - plus a big portal deal that did not happen.
Price reductions climb to a record high
38% of 2024's concluded property listings had their asking price trimmed at least once - but estate agents are not to blame for over-pricing, argues data company.
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Ranked: Britain’s most expensive streets in 2024
Lloyds Bank's annual rundown names Knightsbridge as the UK's priciest address, with last year's title-holder Grosvenor Square falling to third place.
Knight Frank predicts ‘a sober 2025 for global prime housing markets’
Dubai, New York, Geneva and Paris are likely to see top-end residential values rise next year, but other international wealth hubs could see prices fall.
Housing market ‘ends 2024 on a high’ as sales pipeline runs hot
'It remains a buyer’s market and signs of increased caution amongst home buyers will keep UK house price growth in check over 2025,' says Zoopla.
In Conversations: PrimeResi’s top interviews of 2024
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Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest movements and commentary, featuring data and analysis from Lloyds Bank, LonRes, Foxtons, ONS, Zoopla, TwentyCi, Garrington, Savills & more...