Market Index

There was a post-Budget surge in transactions at this time last year.

Sentiment in the UK's residential development land market remains positive, says Savills, but things are slow-moving.

Top-end torpor continues as Budget speculation mounts.

New research highlights a rise in homegrown UK clients & a move away from 'hyper-prime' design specifications

Savills notes a 'resilient' prime resi scene north of the border, although activity at the very top end is 'limited'.

But Zoopla says the market 'remains on track for the most housing sales since 2022.'

This is 'the closest the market has been to pre-pandemic levels of available supply for four years,' says Rightmove.

'Increased stock levels and resilient budgets suggest a more balanced market is emerging,' says Foxtons.

Many pundits expect the market to slow further as the Autumn Budget approaches.

No sign of an Autumn bounce for the capital's top-end agents...

Property portal warns there's 'not enough pent-up momentum or recent positive sentiment to spur the usual autumn bounce in property prices'.

Our weekly LonRes update suggest -50% fewer sales were agreed in Week 41 this year compared to the same seven days in 2024.