Market Index
Prime London Property Market Snapshot: Week 41, 2023
Market metrics continue to point to a slowing market, with 18% fewer sales agreed in prime London so far this year compared to last, and 26% fewer than in 2021.
Prime London’s sales pipeline shrinks as demand drops off
The number of properties going under offer last month was down by over a quarter on last year's levels, which 'could impact on the outlook for the last three months of the year', warns LonRes.
Average prices still sliding across England & Wales, but pent-up demand ‘could be released in the coming months’ – new analysis
Market momentum could gather when interest rates begin to fall, suggests Acadata.
Rightmove reports lowest October asking price increase since 2008
Estate agents are telling the property portal that the sales market is 'the most price-sensitive ever'.
London rental market ‘begins to normalise’ as supply grows 10%
But 'we’re not back to a normal seasonal market just yet,' says Foxtons, as rental prices remain at records highs.
Higher-value homes bear the brunt of price declines in Edinburgh
Scottish city-centre flats are 'staging a comeback'. says Knight Frank.
Sales market is ‘stabilising’ despite ‘challenging backdrop’ – RICS
Surveyors expect property sales volumes to fall further in the next three months - but things should pick up within 12 months.
Prime London Property Market Snapshot: Week 40, 2023
Price cuts are proliferating in prime London's sales and rental markets, according to the latest LonRes intelligence.
Prime London rental growth eases to lowest rate in two years
The top-end of the lettings market 'is at a pivotal point', says Knight Frank.
Regional rental growth ‘finally starts to simmer’, as London rents continue to climb
Prime regional rental prices grew by +0.6% in Q3, down from +2.6% in Q2, according to the latest Savills data.
Tom Bill: The prime London property market remains in a holding pattern
Property prices in London have been far less volatile than the rest of the country during this latest period of economic turbulence, says Knight Frank's research chief.
Property price growth continues to slow across global cities – but ‘signs of recovery emerge’
'There is early evidence that conditions are beginning to improve in a number of key global city markets,' says Knight Frank.