Market Index
Foxtons reports ‘a strong start to what should be a pivotal year in London lettings’
Demand and supply appear to be rebalancing to more sustainable levels.
Sales market activity ‘continues to improve gradually’ – RICS
'Downward pressure on prices is diminishing,' says the RICS, as surveyors suggest property values will 'remain largely flat' through 2024.
Industry Reactions: Official data reveals UK house prices falling at fastest rate in 12 years
The latest UK House Price Index tells of 'a frosty end to the year', says Jackson-Stops, while buying agency Garrington says November 'was the moment the slowdown turned into a slide'
Prime London Property Market Snapshot: Week 02, 2024
It has not been a busy start to the year for most of prime London's property market...
Rightmove reports ‘tentatively promising’ new year start as buyer & seller activity jump
20% more sales were agreed in the opening week of this year than in the same period last year, while the traditional January asking price rise is more than double the 20-year average.
‘Pressures on the rental market show few signs of abating’ – Hamptons
Estate agency expects the average rent bill across Great Britain to rise by another 7% this year, followed by 5% in 2025 and 5% in 2026.
Prime London Property Market Snapshot: Week 01, 2024
London's prime property market has started the new year as it left 2023 - pretty quiet.
Vendors prepare to come off the sidelines as prime country house market beats expectations
'There is a window of opportunity for buyers and sellers as the economy settles and before a UK general election is called,' says Knight Frank, as the firm predicts a further 3% 'recalibration' for country…
‘Market momentum continues to build’ as buyer demand edges upwards
'While the landscape remains largely subdued, there are green shoots of positivity starting to show' in the property market, says GetAgent.
Prime London Property Market Snapshot: Week 52, 2023
The last weekly sales and lettings update of 2023 from LonRes confirms that top-end London property agents had a much quieter year than in either of the previous two years.
Global city price growth recovers as interest rate cuts loom
'Homeowners are breathing a sigh of relief as interest rates appear poised to decrease in 2024,' says Knight Frank's research chief.
House prices continue to fall despite improving market sentiment
'UK housing still looks expensive by historic standards,' says Zoopla, which expects prices to fall a further 2% in 2024 'as prices and incomes re-align.'