Market Index

Seasonally-adjusted official estimates tell of an 8% year-on-year increase in property sales in November.

The new year has started with a flurry of new sales instructions across London's prime postcodes, but very few sales have been agreed so far.

Lending activity faltered only slightly in the Autumn Budget month.

But the pace of price declines eased across prime markets in the closing months of 2025, reports Savills, with signs that country houses in particular are 'starting to bottom out'.

Our latest LonRes data confirms prime London's weakest year since the pandemic, with little sign of a post-Budget bounce in buying activity.

'This October data captures the fridge rather than the freezer stage of the pre-Budget chill,' comments one top buying agent.

Average asking prices fell 0.6% through 2025, but Rightmove is forecasting 'a better year for price growth in 2026 with a strong rebound in activity to kick start the year.'

Property market conditions 'remain generally weak', concludes the RICS after surveying surveyors across the UK.

London rents have increased by an average of just 1.6% in the last year, according to Zoopla's latest index.

Little sign of a continued post-Budget bounce as buying activity tracks previous years' levels.

But 'the groundwork for a rebound is building,' says Knight Frank, after checking top-end property price performance across 46 world cities.

Fresh LonRes data confirm a jump in property market activity last week.