Property Market News

Private bank Coutts tells its clients where to unearth the biggest price cuts in the capital's Golden Postcodes.

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.

The £5mn-plus market has been the most active prime London sales sector since 2021, reports LonRes.

Rising supply and mortgage rates may increase downwards pressure on asking prices, explains Knight Frank's head of UK resi research.

Prices in London are now showing the first positive annual growth since the beginning of 2023.

More offers are being agreed and new instructions are on the rise, but achieved prices have seen the largest annual fall in almost five years.

Private bank flags buying opportunities in commutable locations, as reductions on £1mn-plus properties outpace London.

Latest figures from HMRC point to a 'subdued' performance in the final quarter, but housing experts say 2024 has started on a brighter note.

Savills updates on the latest prime-level pricing & activity trends, and reveals what its agents are seeing on the ground as we head into the new season...

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Jackson-Stops, Foxtons, Chestertons, Knight Frank, Savills, Prime Purchase & more...

...but the average price is still £4,500 up on this time last year, reports Acadata.

Conflicting signals in recent months have highlighted the pitfalls of relying too heavily on house price indices, says Tom Bill.