Property Market News
Momentum builds in Prime London’s sales market, but price growth remains ‘stubbornly flat’
Relative normality returned last month after a record-breaking October, although wider data points to improving activity levels;
Tax changes may ‘tip the balance away from buying’ for HNW movers to London
Properties achieving more than £2,000 per week are already making up a larger proportion of the market, reports LonRes.
Slowdown continues in Prime London’s rental market
New LonRes data shows rental growth fell in October, with activity levels well below pre-pandemic levels.
Prime London sales market ‘bursts into life’ with best October since 2013
LonRes reports 'substantial turnaround' as transactions jump 55% year-on-year, while a significant rise in under offer numbers bodes well for Q4.
London is ‘still by far Europe’s most mature & expensive high-end residential market’
New CBRE analysis takes a deep dive into the capital's luxury living sector, and how it compares to other wealth hubs.
Tom Bill: Higher-value property markets see bigger pre-Budget slowdown
'Stamp duty on sales above £2mn accounted for 22% of the £11.7bn raised last year, which is something the government may want to consider as it puts the finishing touches to its Budget'
PCL trophy homes renting for up to £1.3mn per year as wealthy buyers take pause
Concerns around Labour's tax policies are driving a luxury lettings boom in the capital's top neighbourhoods, reports Beauchamp Estates.
Prime London sales market in post-election bounce
Deals started flowing again last month, new LonRes data shows, but are the conditions in place for a sustained recovery?
Rich pickings for Prime London buyers as supply rises & sellers cut prices
Demand for homes is still out there but tending to be price sensitive, reports LonRes - and motivated vendors are taking action...
Long-term analysis points to ‘significant upturn in residential property market conditions’
Developers should 'act now for the best chance to capitalise on the coming market shift,' says new report, as historic data indicates we are 'close to the trough'
Revealed: The PCL neighbourhoods where more than 9 in 10 homes sell at a discount
Private bank Coutts tells its clients where to unearth the biggest price cuts in the capital's Golden Postcodes.
Q1 in Review: Prime London’s resi markets enter recovery mode
Prices picked up in the first three months of 2024 after bottoming out at the end of 2023, and activity levels are also on the rise - but caution remains the watchword.