Property Market News

Latest LonRes data shows strong pick-up in under offer numbers and stabilising values - along with signs of a resurgence at the very top-end

Boutique estate agency boss (and former private equity banker) rails against misplaced optimism - calling for honesty, realism and tough love in today’s Prime Central London market.

'Feedback from agents certainly points to a tricky market,' reports LonRes, as transactions tumble & price reductions soar.

Eased mortgage rules & expectations of falling interest rates could help offset affordability pressures, says Acadata.

Recent tax changes have led to falling sales and downward price pressure across the capital's top postcodes, reports Knight Frank.

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.