Market Index
‘Relatively healthy demand’ drives rebound in global prime property prices
Knight Frank’s Prime Global Cities Index is climbing at its fastest rate since 2022, but these are not 'boom conditions', says research head Liam Bailey.
Buyer demand ‘mellows’ while property listings rise – RICS
'There is still a strong perception that activity in the market will pick up in the latter part of the year and into 2025, irrespective of any political uncertainty around the general election,' says the…
Prime London Property Market Snapshot: Week 18, 2024
Fresh LonRes data suggests a relative rush of repricing activity in prime London over the last few weeks.
‘Buyers remain in the driving seat’ – Propertymark
'The gap between asking prices and market expectations has narrowed slightly but remains significant,' says estate agency trade body.
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.