Market Index

'It remains a buyer’s market and signs of increased caution amongst home buyers will keep UK house price growth in check over 2025,' says Zoopla.

'Steady demand & rising supply' are shaping the capital's lettings market, says agency.

The average UK house price increased by 3.2% in the last year, while London's average has remained nearly static.

An unseasonable jump in properties going under offer.

'After an unprecedented four-year boom, rental growth for newly let properties has slowed to a crawl,' says Hamptons' research chief.

Asking prices dipped 1.7% in the last month, but buying activity 'remains strong' compared to last year.

Surveyors noted 'a steady improvement in buyer demand across the residential market' in November - but warn 'the broader macro environment is likely to pose additional headwinds moving forward.'

Zoopla predicts average rents will increase by another 4% through 2025.

Deal numbers are falling sharply as the year comes to a close.

'The sales market is set to see a trend unlike those historically seen across the winter months,' says Propertymark.

5% fewer sales were agreed across the capital's prime postcodes in Week 48 2024 than in Week 47, and 6% fewer than in the same seven day period last year

'The mortgage sector is set for an extremely busy end to 2024 and an explosive start to 2025,' declares Alexander Hall chief Richard Merrett, in response to the latest Bank of England data.