Market Index

Foxtons reports a 14% rise in new rental instructions from February to March, and an 11% increase in prospective tenants.

A predictable holiday slump in agreed sales & new instructions for Easter.

After surging upward for most of the last three years, the pace of rental growth has been running below wider consumer price inflation for the last five months.

Stock is piling up in Prime London's property market, as agents list more homes for sale than are being bought.

Rightmove points to 'resilient activity' as the cost of buying a home jumps.

'You can sell but only if you are prepared to be pragmatic,' advises James Cleland of Knight Frank, despite potential boosts to the market from sunnier weather & Trump's trade war.

Savills had six prospective tenants for every London rental property on its books in March.

'The initial rush to complete sales before the April 1 deadline notably subdued towards the latter end of March,' report surveyors.

New sales listings & price cuts abound in prime London.

'It’s likely that we will now see a return to a normal pace in the sales market now that the Stamp Duty threshold changes have taken effect,' says estate agency trade body.

Richmond was the most 'in demand' area of the prime London property market in Q1, reports Benham and Reeves.

Knight Frank's index of property values in 55 international housing markets has fallen by 3.6% in real terms since 2022.