Market Index

Our weekly LonRes data tell of a Springtime influx of new property listings in the capital's prime postcodes.

Knight Frank counted 1,782 sales above $10mn in key super-prime property markets through 2023, worth a combined $31.9bn.

Official UK HPI data indicates new-build sales are driving price increases while resale property values continue to fall.

10% fewer sales have been agreed across the prime London postcodes so far this year than in the same 11-week period in 2023.

Rightmove reports a continued recovery in home-buying activity, led by the top-end of the market.

'Most landlords leaving the market this year will end up paying more tax than two years ago, not less,' says Hamptons.

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…

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.

Sales activity has picked up across London's prime postcodes, according to the latest weekly LonRes data.

'Landlords must adapt' to new marketing conditions, warns Foxtons, while Chestertons suggests London landlords have 'little option but to start reviewing their prices.'

Reports of a big deal surge at the top-end of the London property market bely a quiet picture across the capital's prime postcodes.

Knight Frank's index of 'investments of passion' fell for only the second time last year, despite some record-breaking sales.