Sellers are having to be much more realistic about pricing if they want to transact in this market – LonRes
Average discount to asking price hits -8.4% in Prime London, with data showing the longer it takes to sell, the bigger the cut.
Activity levels are finally settling down across the prime postcodes, although the top-end is still going gangbusters.
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Coutts, Rettie, Rightmove, Savills, ONs, Knight Frank, TwentyCi & more...
'A double-digit price fall does not exactly feel imminent', says Knight Frank, after recording some encouragingly high activity levels given the circumstances...
Companies in this articleLonRes
Aldar Properties says its first acquisition outside of the MENA region provides 'a meaningful foothold in the diverse and dynamic London property market,' with financial heft that will give London Square…
Joint-global head of the agency's Private Office saw off competition from seven other high-profile names at the 2023 Spear's Awards.
The five artists' studios in SW6 have 'scope for a range of potential future uses,' says Savills.
Rachel Mason will be in charge of identifying new investment opps in London and across the UK for the Australian developer, as it targets a billion-pound pipeline.
From strategic hires to the rise of self-employed agents: Andrew Deverell-Smith on the real estate recruitment trends to watch
Is it time to hunker down or level up? Recruitment guru explains how top property firms are taking different approaches to challenging market conditions.
Ex-Chestertons director Glynn Gibb steps up at the high-end estate agency.
New show unit goes on display at JTRE London's Triptych Bankside, where resi sales have now topped £200mn.
Recovery will be 'slow and steady rather than spectacular', says high-profile agency.
Cohort Capital completes another PCL mega-deal as ultra-prime sector 'remains well insulated from wider economic headwinds'.
Conditions are 'highly-competitive' at the top-end, reports Beauchamp Estates, with multiple serious tenants often vying for the same property...and the victor happy to pay one or two years’ rent up-front.
YouTube star & luxury real estate agency team up to showcase the '$1bn' Chateau Du Champs De Bataille in Normandy, which is now up for rent.
'It’s likely to be another muted, and in parts challenging, year for some buyers and sellers in 2024,' warns Rightmove, as the property portal identifies five trends to watch in the coming year.
Housing market activity is slowing down as seasonal trends re-emerge, says the estate agency trade body.