Market Index
Buyer demand drops but record low stock props up house price growth – RICS
Surveyors have reported the steepest decline in home-buyer enquiries since the early days of the pandemic.
Global housing markets continue to climb, despite everything
"Global housing markets have wrongfooted us this quarter," says the Knight Frank research team, as property markets continued to post strong growth.
UK Finance: ‘House purchase activity looks to have returned to pre-pandemic norms – for now’
"It is too early to predict when escalating cost-of-living pressures will begin to bear down on effective demand," says UK Finance.
UK house price growth has peaked – Knight Frank
Top agency's August market snapshot tells of easing buyer demand across the country - but there's a "strong appetite" for higher-value homes in prime London.
Zoopla flags ‘signs of demand weakening in high value markets’
Rising mortgage costs are likely to dampen the property market in the coming months, says Zoopla.
‘Rental stock slump is close to bottoming out’ – Hamptons
City centre rents are rising fast as stock levels drop, says Hamptons, although the national headline rate of rental price inflation continues to ease.
House price growth slows to +7.8%
The average UK property price increased by 1% from May to June this year, according to the latest official House Price Index.
Sharp drop in confidence amongst London property sellers
"The change in economic headwinds is starting to be reflected in seller confidence," says OnTheMarket.
Traditional Summer dip sees asking prices fall for first time this year – Rightmove
"Prices usually drop in August, and this 1.3% drop is on a par with the average August drop over the past ten years," explains the Rightmove team.
House prices continue to climb despite falling buyer demand – RICS
"It is little surprise that housing market activity is now losing some momentum," says the RICS - but most surveyors "still anticipate prices will be modestly higher than current levels in a year’s time.
‘London’s prime property market is getting back on form’ – Coutts
High-society bank tells affluent clients that PCL is back in action.
‘Signs are already emerging that housing delivery rates could slow considerably’, warns Knight Frank
“New residential development is being constrained by a limited supply of land coming through the planning system.