Market Index
Mortgage approvals rose again in October – BoE
'The mortgage sector is set for an extremely busy end to 2024 and an explosive start to 2025,' declares Alexander Hall chief Richard Merrett, in response to the latest Bank of England data.
Transactions to climb as house prices ‘no longer over-valued’ – Zoopla
Property portal expects UK house prices to increase by 2.5% in 2025 and by 7.5% over the next three years.
Prime London Property Market Snapshot: Week 47, 2024
PrimeResi's weekly market sit-rep, featuring the latest sales and lettings data from LonRes.
Rent growth cools to below pre-Covid levels across key world cities
But 'the structural under-supply of new accommodation in major cities means rents are likely to rise faster than trend levels over the next few years,' says Knight Frank's research chief.
Estate agents report another rise in agreed sales
Propertymark expects home buying & selling activity to 'accelerate over the coming months moving into 2025.'
Foxtons reports ‘a notable increase’ in London rental supply
The capital's lettings market is 'defying the typical seasonal slowdown,' says agency.
Industry Reactions: Official data show annual house price growth climbing to 2.9%
Property agents note 'an air of calm confidence' in the latest UK House Price Index, covering September 2024.
Prime London Property Market Snapshot: Week 46, 2024
Agreed sales are down, but more offers are being made than at this time last year, and more new sales instructions are hitting the market.
Rightmove predicts 4% growth for asking prices in 2025
Bullish forecast comes despite a 'larger-than-normal seasonal slowdown in pricing as we head towards Christmas'.
House price growth is ‘gradually gaining momentum’ – RICS
A 'brighter trend' in property market activity is likely to continue through the coming months, say surveyors.
Rise in bridging loans signals ‘growing investor confidence’
Quarterly survey reveals a significant decline in short-term loans to save home-mover chain-breaks - suggesting a 'more stable market with fewer disruptions'.
Prime London Property Market Snapshot: Week 44, 2024
The latest data confirms a spike in property transactions last week.