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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

Prices ticked upwards by 0.3% in the first quarter of the year, the first positive quarterly growth seen since June 2022

Top-end sector continues to slow from its post-pandemic record high, but remains significantly stronger than the pre-pandemic average, reports Savills

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Savills, Rightmove, Garrington, Acadata, Knight Frank, LonRes, Chestertons & more...

Rightmove's 'top of the ladder' market segment - which tracks larger homes for sale - is seeing its strongest start to the year for price growth since 2014.

Annual rental growth of 3.8% was up only slightly last month, while activity levels fell back after a good start to the year.

Agency's latest live-streamed event raised £62mn amid strong demand for high-value lots.

The £5mn-plus market has been the most active prime London sales sector since 2021, reports LonRes.

'Buyer sentiment is improving' in the Scottish capital, says Knight Frank, as £1mn+ homes lead on price growth.

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.