Market Index

Latest performance & forecasts: Tokyo tops Savills' H1 index as London and Dubai lose ground, while Cape Town is tipped to lead global prime resi growth over the rest of the year.

But London’s rate of price decline eased again, prompting one buying agency to flag ‘increasing signs that prices have finally bottomed out’ in the capital.

A traditional summer lull in new supply.

Hamptons data suggests average UK rents are rising, but growth is still running below inflation.

Buyer demand and sales activity 'struggle to gain momentum,' says the RICS.

A third fewer sales were agreed across the capital's prime postcodes last week Vs the same seven day period last year.

Rental price growth is 'stronger in markets most impacted by the Renters’ Rights Act,' says Savills, and much lower for the highest-value properties.

Some PCL areas saw big increases in the number of homes available to buy in Q2, while others saw supply tighten.

Latest LonRes data shows a weekly spike in newly-agreed sales and rentals, but activity was below last year's level.

Looks like we're back in the deal doldrums.

'We expect the market to remain relatively subdued through the rest of the summer,' says Savills after looking at the latest Bank of England data.

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