Market Index

'It’s a buyer’s market,' says property portal as new listings surge - particularly at the top-end.

Propertymark's latest survey suggests a significant increase in the number of homes being listed for sale, while buyer demand remains stable.

Property values increased by an average of 2.8% in the 12 months to August 2024, according to the latest UK HPI, up from +1.8% annual growth in the previous month.

Lettings activity has slowed after a 'highly active season', says Foxtons.

The cumulative total number of residential sales agreed across prime London so far this year has tracked last year's tally remarkably closely.

Q3 data suggest 'a significant gap between supply & demand', says Landmark Information Group.

The latest RICS survey results 'once again convey a brighter picture for housing market activity.'

Fresh LonRes data show sales market activity is up on last year, while lettings is down.

'Rate cutting is supporting rising house prices globally,' says Knight Frank, as three-quarters of international property markets saw average property values increase in Q2.

Zoopla's latest index tells of a sharp rise in home-buyer demand, pushing house price growth into positive territory.

'Best-in-class stock is still moving quickly, but broadly there is much less urgency in the market,' says Savills.

'Interest rates simply haven’t fallen as quickly as many buyers may have hoped, so there remains a sense of buyer hesitation across the market,' says GetAgent after trawling Rightmove data.