Market Index
Industry Reactions: Official data shows UK house prices climb for a sixth consecutive month
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.
London’s rental market shows ‘resilience despite seasonal dip’
Lettings activity has slowed after a 'highly active season', says Foxtons.
Prime London Property Market Snapshot: Week 41, 2024
The cumulative total number of residential sales agreed across prime London so far this year has tracked last year's tally remarkably closely.
‘A clear picture of a buyers’ market’ as listings rise
Q3 data suggest 'a significant gap between supply & demand', says Landmark Information Group.
UK house prices return to growth for the first time in two years
The latest RICS survey results 'once again convey a brighter picture for housing market activity.'
Prime London Property Market Snapshot: Week 40, 2024
Fresh LonRes data show sales market activity is up on last year, while lettings is down.
Global house price growth accelerates
'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.
Property sales jump 25% as mortgage rates ease
Zoopla's latest index tells of a sharp rise in home-buyer demand, pushing house price growth into positive territory.
Prime rental price growth falls to lowest level in three years
'Best-in-class stock is still moving quickly, but broadly there is much less urgency in the market,' says Savills.
Home-buyer demand dipped in Q3 but remains up on last year
'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.
Prime London Property Market Snapshot: Week 39, 2024
More new instructions and more homes going under offer than at this time last year, but fewer sales being agreed and more price reductions...
Industry Reactions: Mortgage lending ticked up in August
Bank of England data show an increase in mortgage approvals, remortgaging activity, and in net borrowing.