Market Index
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.
Property lawyers dwindle as transactions tumble
Real estate lawyers have seen their caseloads fall by a fifth in last year, according to Search Acumen.
Larger homes see pace of rental growth ease
London's average monthly rent bill has risen by 3% in the last 12 months, while Northern regions have seen three-times that growth.
Property market got ‘a bit sunnier in July’ – RICS
Surveyors are feeling more positive about the sales market than at any time since January 2020.
Prime London Property Market Snapshot: Week 31, 2024
The latest LonRes data suggests buying activity bounced back last week.
Rental demand continues to outpace supply
'Supply and demand remains imbalanced,' says Propertymark, as letting agents report rising tenant registrations alongside a slight decline in new rental instructions.
Sales market activity slides as Summer starts
Propertymark's latest survey, covering June, suggests a seasonal decline in agreed sales as both buyer demand and supply fall.