Market Index

It's been a "strong start" to the year, says property portal OnTheMarket, although "the super-charged heat of the last two quarters has, to some extent, tailed off."

PrimeResi's weekly summary of key property market stories and indices.

"The significant recovery in the PCL lettings market, witnessed during Q4 2021, together with the easing of the Covid travel restrictions, could be a precursor of what lies ahead for the sales market in…

Buyer and tenant demand increased further in January, while the supply of properties for sale and rent continued to fall short.

“There are signs that the imbalance between demand and supply is starting to ease,” says Zoopla in its latest market update.

Savills' research team is predicting another strong year for property markets in prime global cities, with Miami and Berlin set for the highest rates of price growth in 2022.

"Although December shows the usual festive lull compared with previous months, demand has still been incredibly high when compared against pre-pandemic data with more house hunters registered than in any…

Buyer demand continues to outpace the supply of homes available to buy.

London continues to be the region with the lowest property price inflation rate, according to the latest UK HPI: +0.2% in November and+5.1% for the year.

"There are looming challenges," warns RIBA's research chief, "but overall architects are optimistic about the months ahead."

The average asking price of a property listed for sale outside London on OnTheMarket in December was £364k, up 3.7% from the same month last year. Within Greater London, the average asking price was £1.

“London’s super-prime markets stellar end to the year is evidence of the influence that the pandemic-fuelled desire for more space has on residential markets," says Savills.