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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

Property agents note 'an air of calm confidence' in the latest UK House Price Index, covering September 2024.

RedBook debuts 'industry-first' benchmarking tool for clients & advisors; reveals key insights into the design & construction sectors' 'world of smoke and mirrors'.

But London's rental market has hit an 'affordability ceiling', so is on track for lower growth than other parts of the country.

Agreed sales are down, but more offers are being made than at this time last year, and more new sales instructions are hitting the market.

The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.

Bullish forecast comes despite a 'larger-than-normal seasonal slowdown in pricing as we head towards Christmas'.

It's shaping up to be a busy winter season for the property market, suggests Recoco.

Your essential five-minute briefing on the latest movements and commentary, featuring data and analysis from Hamptons, RICS, Rightmove, LonRes, Knight Frank, Garrington, Acadata & more...

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.