Market Index
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.
Record number of buy-to-let companies set up in 2021
Hamptons estimates that around half of all new landlord purchases last year used a company to hold their buy-to-let property.
Rightmove reports busiest ever start to the new year
"Early-bird sellers who got themselves ready to come to market are now benefitting from the busiest start to the year that we’ve ever recorded," says Rightmove.
Scotland’s prime property market set to stay hot in 2022
“We’ve seen significant competition for homes throughout the year and I can’t see that changing in 2022,” says Edward Douglas-Home, head of Scottish residential at Knight Frank.
Mortgage lending bounces to nearer-normal levels
67,000 home purchase mortgages were approved in November, according to the Bank of England; the lowest figure since June 2020, but near the 12-month average up to February 2020.
‘Vintage year’ for the prime country house market as top-end prices surge 20%
“I’ve never known a time like it in 30-plus years," says Rupert Sweeting, head of national country sales at Knight Frank.
Omicron puts prime London’s property market ‘at a crossroads’
Property prices in prime outer London are rising at their fastest pace since February 2016, according to Knight Frank's latest index.