Market Index
Global house prices tick up as interest rates look peaky
'The rapid approach of peak rates is coinciding with a modest improvement in housing market conditions in some key global markets,' says Knight Frank.
Asking price discounts climb to highest level since 2019 – Zoopla
House prices have fallen annually for the first time in a decade, according to the latest index from property portal Zoopla, as sales supply improves and a 'buyers' market' continues.
Prime London Property Market Snapshot: Week 38, 2023
The latest weekly data from LonRes shows a continuing spike in asking price reductions across both sales and rental markets.
‘The sales market is strong,’ says Propertymark as new listings jump 29%
Monthly survey of UK estate agencies shows a bounce in market activity through August.
Buyer demand slips in prime London
Benham and Reeves highlights a much cooler property market in the capital, although there were several bright spots of prime buying activity in Q3.
Industry Reactions: Property price growth slowed further in July – UK HPI
A 0.5% monthly increase took the annual rate of change down to just +0.6% in July, according to the latest official house price index.
Prime London Property Market Snapshot: Week 37, 2023
Deal numbers remain low in prime London, but the number of new listings has improved dramatically in September so far.
London tenant competition ‘not nearly as frenetic as it was in 2022’
Rents remain high as Foxtons reports a seasonal flurry of new rental applicants.
‘Savvy buyers are making some captivating purchasing opportunities, which were simply unheard of 12 months ago’ – Garrington
House prices are 'falling in slow motion', with cash buyers able to seize opportunities, says top buying agency.
Rightmove reports ‘a slower than usual August’
'Many sellers reacted to the summer holiday hiatus by reducing the asking prices of their properties,' says portal.
UK rental price growth hits a decade-long high
'Each passing month has ushered in a new rental market record,' says Aneisha Beveridge, Head of Research at Hamptons, adding:.
Central London rental demand ‘dips’ as Chinese students stay away
“Inquiry levels are strong but not as high as we’ve seen over the last two summers,” said David Mumby, head of prime central London lettings at Knight Frank.