Market Index
‘It looks as though there are brighter days ahead for the UK housing market’ – OnTheMarket
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."
Monday Market Review: 14th Feb 2022
PrimeResi's weekly summary of key property market stories and indices.
PCL prices increased by 1.6% in Q4, but remain 11% below their 2015 peak
"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…
‘The outlook for both prices and rents remains a little worrisome’ – RICS
Buyer and tenant demand increased further in January, while the supply of properties for sale and rent continued to fall short.
New Year demand for property up 50% – Zoopla
“There are signs that the imbalance between demand and supply is starting to ease,” says Zoopla in its latest market update.
‘Prime residential cities are expected to remain a safe haven in 2022’ – Savills
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.
Estate agents report highest ever number of December house-hunters
"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…
House price & rental growth to continue outpacing wage inflation, warns the RICS
Buyer demand continues to outpace the supply of homes available to buy.
UK property prices increased by 10% in the last year – official data
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.
Most architects expect workloads to continue climbing in the coming months
"There are looming challenges," warns RIBA's research chief, "but overall architects are optimistic about the months ahead."
‘House price growth may start to tail off’ in the next few months, says OnTheMarket boss
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.
Super-prime property sales hit record highs in London
“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.