Market Index

Property data firm says Q2 numbers 'demonstrate the market remains resilient despite a challenging backdrop.'

Latest official data shows the national annual rate of property price inflation fell sharply in May. 'The market is holding steady rather than collapsing,' comments one London estate agent.

Sales activity has slowed again.

'Buyers have plenty of choice and sellers are having to work harder to stand out and attract them,' says portal.

Many are reviewing rental values and adjusting portfolios in response to growing regulatory, tax and borrowing pressures, says agency.

Property portal says 'supply, demand and pricing trends appear to be steady and in-line with seasonal norms' following the introduction of the Renters' Rights Bill.

Fresh LonRes data indicates another week of relatively slow sales activity.

Property consultancy recorded a 14% jump in Prime Central London sales in Q2, while the pace of price declines seems to be easing.

Estate agency boss heralds 'particularly encouraging' signals after checking property portal listing activity in the capital.

Exchanges are down 10%, buyer registrations are down 14%, and average prices have fallen by 5% in the last year, reports Knight Frank.

Latest Connells Group data suggests the average rent on a newly-let home across the UK has increased by 1.6% in the last year.

'June’s survey results offer some cautious encouragement that the worst of the slowdown in market activity may be beginning to pass,' says Head of Market Research & Analysis Tarrant Parsons.