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PrimeResi's snapshot of the London property market, featuring the latest sales and lettings data from LonRes.

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Property Market News

Latest data shows sales values falling across most PCL areas, with sharper drops in some of the most exclusive markets.

The gap between people moving home and people extending or improving is at its widest point in recent history, says Savills.

The outlook is not rosy for either prime or mainstream markets this year, but the property consultancy senses a 'change in political direction' before 2030.

Your essential five-minute briefing, featuring data, forecasts and analysis from Knight Frank, Savills, LonRes, Enness Global, ONS, Rightmove & more...

Uncertainty hits early-stage demand, says major agency, but deals still getting done; 'fairly sharp rebound' possible if rates settle.

JLL analysis suggests £743mn-worth of PCL property changed hands in Q1 - significantly below the previous two-year Q1 average of over £1bn.

'Prime residential property has pulled away from the broader housing sector' in many global markets, says Knight Frank, but the UK capital has dropped to 93rd place on the firm's annual PIRI 100 index.

Knight Frank's latest Prime International Residential Index illustrates how the  spending power of US$1mn has contracted in many luxury markets over the last five years.

CONTACT LONRES: If you would like further independent data on the dynamics of London’s residential market or required some bespoke research for your business, please contact the Research Team at LonRes on [email protected] or call +44 (0)20 7924 6622.