Market Index
Prime London Property Market Snapshot: Week 37, 2024
A flurry of price cuts in the capital's high-value property markets.
‘Autumn action starts early,’ says Rightmove but ‘beneath the surface the market remains cautious’
Asking prices have jumped up by twice as mush as the long-run average for this time of year.
North-South rental divide narrows to closest point in a decade
The pace of annual rental growth across the UK has eased from +12% in August last year to +5% last month, but Hamptons points to some pronounced regional differences.
21 would-be tenants competing for each rental home – Zoopla
The pace of rental growth is easing, but a continued lack of supply is a major issue.
Property market ‘shows promise’ as prices return to growth
Demand, supply, prices & deal numbers all increased in August, says the Royal Institute of Chartered Surveyors.
Prime London Property Market Snapshot: Week 35, 2024
As you'd expect, London's prime property market was quiet in that last week of the Summer Holidays.
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...