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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 LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.

Average values jumped 5.3% in July, reports LonRes, with PCL seeing an especially sharp turnaround.

Buyer demand and sales activity 'struggle to gain momentum,' says the RICS.

Chestertons flags steepest annual fall in prospective buyers since last November amid political and tax uncertainty.

A third fewer sales were agreed across the capital's prime postcodes last week Vs the same seven day period last year.

Property portal tells of declining interest in country or coastal cottage around the UK, with sales volumes dwindling and prices under-clubbing the wider market.

Rental stock squeeze continues, reports agency, as landlords adapt to the new regime.

Property lender finds one in eight new-build property listings remain unsold after six months.

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.