Property Market News

The headlines may be bleak, but sales revenue at OB Private’s Mayfair office is up 228% year-on-year - so are smart buyers seeing what others aren’t?

Latest deal numbers from LonRes suggest strong March was a one-off, while other metrics indicate 'a market without much momentum'

Middleton Advisors & Yolande Barnes explain why the stage is set for a renewed influx of overseas investment in PCL & country markets.

Savills flags a notable rise in property auction interest & activity, suggesting the pandemic-driven shift to online sales has improved accessibility & 'levelled the playing field'.

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

The top end of the market took an extended Christmas break in January, reports LonRes, and is 'unlikely to return to the highs of 2021 and 2022 any time soon'.

Savills reports 'robust demand' for luxury residences from both domestic & international buyers.

Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.

Valuation firm collaborates with real-time data firm, LSE professor & top buying agency to track market movements since 2000, reflecting location, size & tenure.

Transactions & values were both down on an annual basis last month, reports LonRes, but full-year numbers & forward-looking indicators are cause for optimism.

Relative normality returned last month after a record-breaking October, although wider data points to improving activity levels;

Properties achieving more than £2,000 per week are already making up a larger proportion of the market, reports LonRes.