Market Index
Prime London Property Market Snapshot: Week 07, 2024
It's still quiet out there, but deal numbers have picked up in prime London in the last week.
London agency reports 25% jump in new lettings instructions
Foxtons heralds 'a shift towards a more realistic lettings market, characterised by higher supply levels and less inflated demand.'
Asking price growth moves ‘tentatively’ back into positive territory – Rightmove
Rightmove flags 'several signs of growing market momentum' as property prices and sales activity rise.
Global luxury rental boom ‘is coming to a close’
Knight Frank's Prime Global Rental Index has recorded its first quarterly decline since Q1 2021.
Industry Reactions: UK house prices fell 1.4% in 2023
The latest official UK HPI confirms that London's property market saw the steepest price declines of any English region last year.
Bridging loan activity climbed to an all-time high in 2023
'Remarkable' growth in short-term property finance has been 'no surprise', say industry insiders.
Rents ‘set the pace’ in prime global markets, outperforming capital values
Savills expects global prime rental prices to rise further in 2024 - but growth 'will likely remain below the historic average.'
Housing market activity sees ‘further improvements across the board’ – RICS
London property prices are holding 'largely stable,' says the Royal Institute of Chartered Surveyors.
Prime London Property Market Snapshot: Week 05, 2024
21% fewer sales have been agreed in prime London so far this year, compared to the same five-week period in 2023.
Development land market ‘set for rebound’ as housebuilder confidence builds
Knight Frank is advising property developers to 'replenish their land banks to keep up with improving housing demand.'
Prime London Property Market Snapshot: Week 04, 2024
18% fewer prime London properties have been sold in January this year than in January 2023, according to the latest LonRes data for PrimeResi.
Industry Reactions: Mortgage approvals rise again
'A third consecutive monthly increase in mortgage approvals demonstrates that market momentum continues to build,' comments Foxtons' boss Guy Gittins, as the latest BoE data shows a continued recovery…