Property Market News
Negative property market trends ‘show some signs of easing’ – RICS
'Some comfort can be drawn from the results of the latest RICS survey,' says Chief Economist Simon Rubinsohn, 'as it suggests that the housing market in aggregate may be steading'
The park life premium hits 29% in London & New York
Properties next to Regent's Park and Central Park come with an average price premium of 29%, says Knight Frank
Most British homeowners expect property prices to rise in the next six months
Two-thirds of London homeowners are expecting property prices to rise by the end of the year; one third are expecting further price falls, according to Zoopla
House price index raises eyebrows again
The latest Halifax index is 'still implausibly strong', say analysts
Hannah Aykroyd on PCL’s new two-tier market, and why buyers need to wake up
'Things have recently changed' in Prime Central London, says a top buying agent. 'It's important for buyers to forget what they've read over the past two years about markets going down, down, down'
Property market activity builds in Prime Central London
Knight Frank reports more exchanges going through above £2m, more offers being made, and more viewings taking place
London super-prime prices have fallen by 21% in five years – but ‘things may be beginning to change’
There's 'a sense of opportunity' at the very top of London's property market, reports Savills, with 'some encouraging signs of activity' in the super-prime £10m+ arena.
Asking price discounts grow as property price inflation in UK cities softens
The average gap between asking and selling prices in 16 tracked cities has widened from 3.3% in 2018 to 3.9%, according to Zoopla's latest index
Agents see more deals per branch, despite falling supply & demand
'Sales are still happening at the rate we would expect to see at this time of year', says the National Association of Estate Agents
Q1’s Brexit deadline deal ‘surge’ has subsided – LCP
There was a flurry of buyers looking to 'beat the Brexit deadline' in Prime Central London in the first few months of the year, according to London Central Portfolio - but 'this flurry appears to have…
‘Top of the ladder’ properties lead Spring’s asking price bounce
The average asking price of a new property coming to market increased by 0.9% in the last month, reports Rightmove, with four regions reaching record highs
After its longest property market downturn, Prime London ‘is beginning to find its level’
Property prices in Prime Central London have fallen for the last 19 quarters, but the Savills research team is now spying a return to positive growth -although we're still five years away from a 'normal'…