Market Index
Prime London Property Market Snapshot: Week 17, 2024
7% more new sales instructions have been listed on LonRes so far this year than in the first 17 weeks of 2023, but 7% fewer sales have been agreed.
Mortgage approvals climb for a sixth month
We're seeing 'increased stability seen in the mortgage markets', notes Emily Williams of Savills, but Knight Frank's Tom Bill says 'it doesn’t feel like the UK housing market is ready for take-off this…
Rental market ‘no longer at peak boiling point but it remains at a very hot simmer’
The pace of rental price growth is cooling fastest in London, says Rightmove, as more top-end properties see asking price cuts.
House prices ‘to continue to firm over 2024’ as sales volumes rise
Higher mortgage rates continue to impact buying power, says Zoopla, as price remain static but sales volumes rise.
London’s rental market is ‘following more typical trends than in 2023’
Foxtons saw small increases in both rental supply and tenant demand last month.
PCL property markets are ‘stabilising’, reports JLL
'There are encouraging trends across the sales and lettings activity' in Prime Central London, says research chief Marcus Dixon.
Prime London Property Market Snapshot: Week 16, 2024
LonRes data shows a sharp increase in price reductions over the last two weeks.
Top-end properties are driving the Spring sales market
Rightmove's 'top of the ladder' market segment - which tracks larger homes for sale - is seeing its strongest start to the year for price growth since 2014.
Edinburgh house prices return to positive growth
'Buyer sentiment is improving' in the Scottish capital, says Knight Frank, as £1mn+ homes lead on price growth.
Industry Reactions: UK HPI suggests house prices steadying as inflation eases
The average UK house price in February was just 0.2% lower than in the same month last year. Our panel of estate agents, buying agents and mortgage brokers weigh-in on the latest official data.
‘Noteworthy resurgence’ for global prime property price growth
Knight Frank’s latest international indices tell of renewed positivity across luxury housing markets.
Rental growth continues to cool as supply rises & demand eases
Average rents in Inner London have nudged up by just 0.4% over the last 12 months, while the national average has climbed 6.7%.