Property Market News

London's position as playground for Russia's super-rich is "a party that had already peaked by 2014" and "is surely now over," writes Simon Usborne in Town & Country magazine.

Buyer and tenant demand is still running very high in many seaside locations, but Rightmove points to a marked slow-down from the frantic activity of 2020 and 2021.

"The prime London property market is in a sweet spot," declares Knight Frank's research team, as buyer demand bounces back and the supply of homes available to buy picks up.

JLL has made some bullish forecasts for London's property market

"Frenzied demand from buyers and a shortage of properties for sale have led to a boom in off-market sales, where homes are sold without being listed on an estate agent’s website or a property portal," w…

Against a volatile economic backdrop, the security and privacy Monaco offers is not going unnoticed by wealthy buyers, reports Knight Frank

Property prices may prove "resilient" in the face of rising interest rates and costs of living, but transaction numbers are "likely to slow as the year wears on," warn surveyors.

Average asking prices are rising at a slower pace than achieved sold prices, according to some analysis by London estate agency Benham and Reeves.

House price growth in global cities is outpacing national averages, according to Knight Frank's latest indices - but signs point to a general property market slowdown.

"The wealthier you are, the more confident you are," says a bullish Simon Leadbetter, Global CEO of Fine & Country.

Estate agency branches had an average of 15.6 properties available to rent in March this year, says Propertymark, down from 30.4 in March 2019.

One in ten homes sold across the UK so far in 2022 were only marketed quietly, rather than being openly broadcast on the portals. That figure rises to nearly a quarter in London and prime country markets