Market Index
Property market stays flat despite rising buyer demand
'The new government has inherited a very large ‘to-do’ list with urgent interventions required in several policy areas,' comments Propertymark after checking sales and lettings market activity in July.
BoE heralds ‘optimism’ as mortgage lending picks up
Mortgage lending has hit the highest level since November 2022.
Prime global house price growth ‘is running out of steam’
Knight Frank's latest Prime Global Cities Index came in at +2.6% in Q2 - down from +4.1% in Q1, and under half the five-year average annual growth rate.
Prime London Property Market Snapshot: Week 34, 2024
Fresh LonRes data show a continued high level of price reduction activity in London's prime postcodes.
Housing market activity is ‘up across the board’
But Zoopla is warning sellers against ambitious pricing, with over-priced homes take more than twice as long to sell.
Prime London Property Market Snapshot: Week 33, 2024
Buying activity has slowed, but a relatively high number of prime London property listings are being repriced this Summer...
Rental price growth ‘stabilises’ in prime global cities
'Even the luxury sector is subject to affordability constraints', says Knight Frank as it heralds 'an end to the substantial upward repricing' of rental markets in key global cities.
Rightmove raises property price forecast despite asking price dip
Housing market activity is running well ahead of last year, prompting the property portal to anticipate a 1% increase in average asking prices through 2024.
Ranked: Britain’s fastest-moving property markets in 2024
OnTheMarket's new index reveals that homes listed for sale in Prime Central London are taking twice as long, on average, to secure a buyer as in Plymouth or Newcastle.
Industry Reactions: House prices rise for a fourth consecutive month
Official data suggests property values have increased by an average of 2.7% in the last year - but transaction volumes are dramatically lower than in previous years.
Prime London Property Market Snapshot: Week 32, 2024
A third fewer sales were agreed across London's prime postcodes last week compared to the same period last year, but more homes went under offer, and a relative flurry of new instructions hit the market.
Home-buyers turn to short-term finance to save sales chains
Growth in bridging loans 'seems to be fuelled by the urgent need to prevent chain breaks in property transactions,' say lenders.