Property Market News
Charting the price of a top 1% home across the UK
'The difference in the cost of the top 1% of homes by region just might come as a surprise,' says Savills' research chief Lucian Cook
Property prices in UK cities have risen by an average of 1.8% in the last year
Housing affordability has improved a bit in the UK's three most expensive cities, reports Zoopla, but getting on the first rung of the housing ladder is still out-of-reach for most
Supply & demand bounce back, but 81% of properties are still selling below asking
'It’s evident that buyers and sellers are no longer waiting for the outcome of Brexit and want to get things moving,' says NAEA chief
Looming global housing slump ‘could cut world growth to a decade low’
Signs of a global house price downturn are already visible, warns Oxford Economics
New home delivery climbs by 13%
The number of EPCs issued across England jumped by 13% in the last year, says Savills, while the number of approved residential planning consents has bounced back
FT: Is now the right time to buy property in London?
The Financial Times does a deep dive to find out if the London property market is really bottoming out
Price declines slow down in London – UK HPI
Average house prices in the UK increased by 1.4% in the 12 months to April 2019, down from 1.6% in March 2019
Cluttons forecasts a ‘rush of supply’ in London, limiting future price growth
'There’s effectively three years’ worth of people who haven’t put their house on the market, creating a "Brexit bottleneck" which will lead to a sharp correction when they do'
‘It is far too early to predict any form of bounce in the London market’ – Garrington
"Whilst the property market has been buffeted over recent months, there is growing evidence to suggest conditions are normalising," says national buying agency Garrington in its latest market review, which…
Zoopla calls the bottom of the London property market; southern regions to see further falls
The capital's three-year 'repricing process' is coming to an end, says Zoopla's top analyst Richard Donnell - but London's slowdown has now rippled out to higher-value markets across Southern England…
America’s super-rich splurge on London property, spending an average of £7.3m
Wealthy US buyers have returned to London in a big way this year, reports Knight Frank
Asking prices rise to ‘within a whisker of a new record’, but sales still struggle
New seller supply 'remains constrained nationally', says Rightmove as we approach the year's halfway point - particularly in southern regions