Market Index
Mortgage lending rises back above pre-pandemic levels
Net borrowing of mortgage debt by individuals increased to £7.4bn in May from £4.2bn in April, according to the Bank of England's Money & Credit data. This is above the pre-pandemic average of £4.
Buyer demand builds in Prime Central London
Property prices dipped in PCL in Q2, reports JLL - but the estate agency has seen a sharp rise in potential buyers registering with its central London offices.
House price growth slows to lowest level since December 2019 – Zoopla
After two years of unprecedented growth, it looks like house price inflation is losing momentum.
Rents bounce back in prime global cities as supply falls short
Knight Frank's latest index "confirms the extent to which top tier cities are seeing demand return and stock dwindle as workers, along with international students and corporate tenants return to the prime…
‘No sign from agents that the good times have yet ended’ – Propertymark
Estate agents "continue to report a strong, stable market," says Propertymark, with 78% of sales being agreed above asking price.
Architects’s business confidence bounces back, led by the resi sector
Optimism has returned, reports the RIBA.
House prices continued to climb in April – UK HPI
Official data - which comes with a time lag - tells of a continuing property market boom.
‘Remarkable buyer & seller confidence prevails’ – OnTheMarket
An inevitable rebalancing of supply and demand "will take time", says property portal. Until then, "the ‘new normal’, an elevated version of the pre-pandemic market continues."
Asking prices rise to another record high – but the pace of growth slows further
"There are likely to be some month-on-month price falls during the second half of the year," says Rightmove.
Rental growth hits double figures – but it’s becoming cheaper to rent than to buy as mortgage costs climb
Central London rents are bouncing back hard from pandemic depths, suggests Hamptons' latest letting index.
Prime London’s property market hits a ‘sweet spot’ as buying activity picks up
"The prime London property market is in a sweet spot," declares Knight Frank's research team, as buyer demand bounces back and the supply of homes available to buy picks up.
Asking price to sold price gap shrinks
Average asking prices are rising at a slower pace than achieved sold prices, according to some analysis by London estate agency Benham and Reeves.