Market Index

Savills had six prospective tenants for every London rental property on its books in March.

'The initial rush to complete sales before the April 1 deadline notably subdued towards the latter end of March,' report surveyors.

New sales listings & price cuts abound in prime London.

'It’s likely that we will now see a return to a normal pace in the sales market now that the Stamp Duty threshold changes have taken effect,' says estate agency trade body.

Richmond was the most 'in demand' area of the prime London property market in Q1, reports Benham and Reeves.

Knight Frank's index of property values in 55 international housing markets has fallen by 3.6% in real terms since 2022.

50% more sales were agreed in prime London's postcodes last week compared to the same seven days last year, as price cuts continue to run rife.

'A minor slip in mortgage approvals in February adds weight to the narrative that the housing market recovery has lost some momentum,' says Lucian Cook of Savills

Official data suggest property price growth has been steadily gathering pace since bottoming-out at the end of 2023.

The latest Zoopla house price index confirms we're in a buyers' market.

A run of sales activity in the last seven days means Q1 is ending on a relative high.

More homes are hitting the market than are being sold.