Residential transactions ‘have been considerably lower than historically’, says ONS as the official UK HPI turns negative for the first time since 2012
Industry reactions to the latest ONS/Land Registry House Price Index from Knight Frank, Savills, Foxtons, Jackson-Stops, Fine & Country, SPF Private Clients, Propertymark, and more.
Industry Reactions: UK HPI shows no change for the average house price in May
The annual rate of property price growth slowed from +3.2% in April to +1.9% in May, according to the UK's official House Price Index.
Larger homes are taking ‘considerably longer’ to sell
'One of the early underlying trends of 2023 and a direct effect of higher mortgage rates has been strengthening demand for smaller homes,' says Hamptons, as the housing market slows down.
Edinburgh house price growth turns negative for the first time in over a decade
Knight Frank expects Edinburgh's average property value to drop 10% over the next 18 months.
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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...