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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

The Adam Smith Institute believes the share of the UK population who are US dollar millionaires will fall by a fifth over the next four years, thanks to 'a hostile culture for wealth creators'.

Annual change of 1.1% was recorded in PCL in September, the first time the figure has been below 2% since mid-2021.

Fresh LonRes data show sales market activity is up on last year, while lettings is down.

Effects of base rate decisions finally 'filtering through' to activity levels, new analysis suggests.

Knight Frank's head of UK resi research explains the latest market movements across the prime postcodes, and looks at how things might unfold over the coming weeks.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Benham & Reeves, Halifax, Zoopla, Savills, Knight Frank, LonRes & more...

'Rate cutting is supporting rising house prices globally,' says Knight Frank, as three-quarters of international property markets saw average property values increase in Q2.

Zoopla's latest index tells of a sharp rise in home-buyer demand, pushing house price growth into positive territory.

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.