Market Index
Property industry reactions: Mortgage approvals climb for fifth month
'The recovery in housing market activity is taking hold despite an uncertain start to the year for mortgage rates,' comments Simon Gammon, Managing Partner at Knight Frank Finance.
Prime property market shows ‘signs of recovery’ as values ‘turn a corner’
The latest Savills indices point to a more positive outlook for top-end property markets in London and the regions, although prices remain sensitive.
Housing market activity ‘improves across all key measures’ – Zoopla
The average discount between asking price and agreed purchase price narrowed from 4.5% in November to 3.9% in March 2024.
Prime London Property Market Snapshot: Week 12, 2024
Our weekly LonRes data tell of a Springtime influx of new property listings in the capital's prime postcodes.
Super-prime sales tipped to climb further after ‘pivotal year’ for global markets
Knight Frank counted 1,782 sales above $10mn in key super-prime property markets through 2023, worth a combined $31.9bn
Industry Reactions: ONS data shows average house prices increased in January
Official UK HPI data indicates new-build sales are driving price increases while resale property values continue to fall.
Prime London Property Market Snapshot: Week 11, 2024
10% fewer sales have been agreed across the prime London postcodes so far this year than in the same 11-week period in 2023.
Asking prices jump 1.5% in a month as the property market ‘marches in Spring’
Rightmove reports a continued recovery in home-buying activity, led by the top-end of the market
Estate agency calls out ‘stealth tax’ on landlords despite CGT cut
'Most landlords leaving the market this year will end up paying more tax than two years ago, not less,' says Hamptons.
Rental price growth ‘continues to cool’, easing to +7%
The number of homes available to rent has jumped by 30% in the last year, but Hamptons warns the increase 'predominantly reflects the fact that homes are taking a little longer to let, rather than a rise…
Surveyors report ‘upward shift’ in housing market activity
The latest survey of surveyors 'provides some grounds for encouragement around the sales market', says RICS Chief Economist Simon Rubinsohn, although house prices continued to fall in February.
Prime London Property Market Snapshot: Week 10, 2024
Sales activity has picked up across London's prime postcodes, according to the latest weekly LonRes data.