Market Index
Vendors prepare to come off the sidelines as prime country house market beats expectations
'There is a window of opportunity for buyers and sellers as the economy settles and before a UK general election is called,' says Knight Frank, as the firm predicts a further 3% 'recalibration' for country…
‘Market momentum continues to build’ as buyer demand edges upwards
'While the landscape remains largely subdued, there are green shoots of positivity starting to show' in the property market, says GetAgent.
Prime London Property Market Snapshot: Week 52, 2023
The last weekly sales and lettings update of 2023 from LonRes confirms that top-end London property agents had a much quieter year than in either of the previous two years.
Global city price growth recovers as interest rate cuts loom
'Homeowners are breathing a sigh of relief as interest rates appear poised to decrease in 2024,' says Knight Frank's research chief.
House prices continue to fall despite improving market sentiment
'UK housing still looks expensive by historic standards,' says Zoopla, which expects prices to fall a further 2% in 2024 'as prices and incomes re-align.'
UK house prices dipped 0.7% in October; property industry reactions to the latest official data
The property market 'remains a tad lethargic with no real movement planned until the new year comes,' says one estate agency boss after checking the latest ONS/Land Registry House Price Index.
Prime London Property Market Snapshot: Week 50, 2023
2023's seasonal property market slowdown is even more marked than in previous years, according to the latest LonRes prime London data.
Global housing markets show ‘surprising resilience’ in the face of higher rates
'The resilience of global house prices is surprising in light of rising costs for mortgage borrowers,' says Knight Frank - although resi transaction numbers have tumbled by 15% to 25% in many developed…
Housing market outlook improves, but surveyors remain ‘cautious’
Sentiment in the property market is becoming 'a little less negative', says the RICS.
‘Normal trading conditions’ return to London’s prime rental market
'The meteoric rental value growth seen in recent years has calmed down,' says Knight Frank.
Prime London Property Market Snapshot: Week 49, 2023
16% more sales were agreed in Prime London last week compared to the previous seven days, but 15% fewer than the corresponding week last year...
‘Rental growth has now peaked and we expect a major slowdown in 2024’, says Zoopla
'There are signs that the UK rental market will turn in 2024,' says Richard Donnell; 'rents are reaching the maximum affordable price and rental demand is starting to slow.'