Market Index

Agreed Sales remain thin on the ground in the capital's prime postcodes, but the last few weeks have seen more homes go Under Offer than in previous years.

'It’s quite clear where the negotiating power sits at the moment', says Knight Frank, as high supply & meagre demand puts downward pressure on country property prices.

Landlords are 'assessing options' ahead of the Rental Reform Bill becoming law, says Savills.

June's surveyor survey suggests home-buyer demand has increased at the national level for the first time since December.

Supply is outpacing demand in both the sales & rental markets.

'It’s harder than ever to make the sums stack up,' bemoans Hamptons, as investors find refurb projects unviable.

The Dorset enclave 'now stands out as the only seaside spot with an average asking price of over the million-pound mark,' says Rightmove.

Buyer choice continues to build in the capital as new listings outpace sales agreed.

Fresh Bank of England data on mortgage approvals show increased activity in May - but 'are broadly consistent with a property market treading water,' comments Simon Gammon of Knight Frank Finance.

Some wealthy buyers 'seize opportunity' as property prices fall.

Zoopla flags a 16-19% year-on-year jump in the number of homes listed for sale in London, the South East & South West.

Sales activity bounced back in May, but remained lower than the previous year.