Market Index
Property market shows signs of ‘a more stable picture’ – RICS
Key property market activity metrics all remain negative - but less so than in January.
Mortgage lending falls again as the housing market ‘suffers a prolonged hangover from the mini-Budget’
'There remains a huge amount of nervousness among borrowers, who aren't sure which way mortgage rates are likely to move next,' comments Knight Frank Finance on the latest BoE mortgage lending data.
‘Greater realism’ hits property sellers, as more under-asking offers accepted
A 'soft reset in house prices continues,' says Zoopla, as sales supply improves and vendors cut price expectations.
Rental supply is still ‘nowhere near enough to keep in line with high demand’
Propertymark has seen a slight improvement in the number of homes available to rent - but tenant demand still far exceeds supply.
Estate agents report sharp start-of-year jump in home-buying activity
Buyer demand jumped by 80% from December to January, reports Propertymark, while the number of agreed sales increased by 50%.
‘Bottleneck’ continues in London’s rental market as demand remains high and supply low
'Renters may need to change tactics in the coming year, setting aside more time for their property search and preparing to move fast when they see something they like,' says Foxtons.
Asking prices flatline as sellers show ‘unseasonal pricing restraint’
UK's biggest property portal reports "better than expected" start to the year.
Official data shows continued market slowdown in December
New ONS data reiterates how the property market slowed at the end of 2022 - but December's average price decline was less dramatic than many expected.
London tenants cross the M25 in record numbers
Rental prices continue to escalate across the country, reports Hamptons.
Housing market continues to slow, with prices and transactions in decline – RICS
January's RICS UK Residential Survey show the most widespread property market decline since 2009.
‘Global prime residential rental markets were a bright spot in 2022’ – Savills
Prime rental values increased by an average of 5.9% across the 30 cities tracked in the Savills Prime Residential World Cities Index in 2022, while capital values increased by an average of 3.
‘Another clear sign that it will be a challenging year for the housing market’: Industry reactions to the latest BoE mortgage data
Prime property insiders offer their take on new Bank of England data, highlighting a steep drop-off in mortgage lending at the end of last year - featuring Savills, Knight Frank, SPF Private Clients and…