Market Index
Housing market moves towards a ‘new normal’ after two years of volatility
HMRC's latest property transaction figures show the market settling into a "new normal", after two years of Covid-induced volatility.
‘Spring is in the air’ as property supply turns up – RICS
"It is encouraging that a little more stock appears to be returning to the market," says the RICS' chief economist.
‘Most competitive rental market ever’ drives record rental price inflation
Average asking rents have risen by over 20% in Central London over the last year, and by 11% outside of the capital.
Property boom continues as average UK house price climbs 10.9% in a year – official data
London property prices jumped by 2.2% in February, as the national annual rate of house price inflation climbed to +10.9%.
Prime London’s price recovery ‘gathers pace’
Knight Frank's latest indices tell of rising prices and plenty of activity in prime London's sales and rental markets.
Global cities see highest house price growth in nearly 18 years
44% of global cities saw average house prices surge by more than 10% in 2021.
Prime London rents see first double-digit annual increase in over a decade
Average rental values in prime London have surged by 11.1% in the last year, reports Savills, pushing both houses and flats above pre-pandemic levels.
‘Rebalancing begins’ as prime London’s property market catches up with country house performance
Knight Frank and Savills have both flagged a revival for central London's property market in the opening months of this year.
‘Buyer demand remains unseasonably high’ – Zoopla
It's been a busy start to the year for the property market, with some 30% more sales agreed in Q1 than in pre-pandemic times.
Off-plan home sales rise for the first time since 2016, driven by demand for houses
"It’s owner-occupiers rather than investors who are likely to continue driving off-plan sales in 2022," suggests Hamptons.
House price inflation eases to +9.6% – UK HPI
The official UK House Price Index tells us that average property prices increased over the year to January; in England to £292,000 (9.4%), in Wales to £206,000 (13.9%), in Scotland to £183,000 (10.
Property transactions drop by a fifth
Around 21% fewer residential property transactions were recorded by HMRC in February 2022 compared to the same month in 2021.