Property Market News

"Developers will need to absorb new costs, and tighten margins in order to secure sites in what we expect to continue to be a competitive market," says Savills' head of regional development.

House price inflation is likely to "unwind" back to single figures across the UK, predicts Knight Frank, although Prime Central London is set for higher price growth as global travel resumes.

“We still expect PCL to be one of the best performing markets in 2022, as the resurgence of the city continues," says JLL's new research chief, Marcus Dixon - although "delays in overseas buyers returning…

Jackson-Stops has checked where house-hunters have the most and least choice...

The number of sellers listing their property is only growing gradually as the traditional selling season arrives, says Knight Frank's research head.

Buy-to-let investors were behind 13.9% of homes sales across Great Britain in Q1 2022, says Hamptons - the highest proportion at this time of year since Stamp Duty changes in 2016.

Knight Frank's latest indices tell of rising prices and plenty of activity in prime London's sales and rental markets.

44% of global cities saw average house prices surge by more than 10% in 2021.

There are currently 172,589 residential properties listed for sale across the UK, according to research by TwentyCi, and another 237,512 homes with sales agreed.

Average rental values in prime London have surged by 11.1% in the last year, reports Savills, pushing both houses and flats above pre-pandemic levels.

Knight Frank and Savills have both flagged a revival for central London's property market in the opening months of this year.

"Prime Central London is now moving back into the spotlight," says Knight Frank. "The fact prices have been falling for six years helps."