The national average asking price is lower than it was a year ago; the first annual drop since 2011
It's "an early Christmas gift for buyers", declares Rightmove, as asking prices see the biggest November fall since 2012
What to read next
‘A turning point for house price growth’: Pandemic property boom to ease next year, but ‘no sign of a cliff edge’
2021 is set to be the UK property market's strongest year since 2007, both in terms of sales volumes and house price inflation, according to Zoopla.
Strutt & Parker doubles UK house price forecast for 2021
“The demand for new ways of living will drive the market for many years to come," says national estate agency Strutt & Parker as it suggests that UK house prices will rise by up to 35% over the next…
Property market set for busiest year since 2007, on track for over 1.5 million residential transactions
Zoopla expects the total value of homes sold in the UK to reach £461 billion this year; that's 46% more than in 2020, and 68% more than in 2019...
Most read
In Pictures: Inside Oliver Burns Studio’s £21.25mn show apartment at The Bryanston
3,872 sq ft turnkey residence is the latest designer collaboration at Almacantar’s 54-unit super-prime scheme overlooking Hyde Park.
Grosvenor warns historic London homes could lose their appeal without planning reform
Great estate pushes for shake-up to help Mayfair & Belgravia properties cope with rising temperatures.
In Pictures: $157mn trophy estate emerges from ‘one of the most iconic renovations in Palm Beach history’
This newly-completed 27,000 sq ft waterfront compound comes with 15 bedrooms, a sunken clay tennis court, private theatre and boat lift.
‘Cost pressures are real but so is the opportunity’: The new economics of prime resi construction
Skills shortages, regulatory delays and the net-zero push are piling pressure on projects - but a repriced PCL market could work in developers’ favour, argues Ben Godfrey.
Nest Seekers picks London for global luxury property summit
Berkeley Group signs up as headline sponsor as luxury brokerage prepares to convene agents from across its 2,500-strong network.
‘Taylor Swift Tax’ faces legal challenge from luxury homeowners
Rhode Island’s new levy on high-value second homes has been in force for less than two months - and already has a fight on its hands.
‘The best projects have a soul before they have a spreadsheet’: In conversation with YOO Group founder John Hitchcox
The property entrepreneur who helped pioneer loft living and branded residences talks London’s overlooked hotspots, buyer trends, the next big shift in the sector - and the best investment he ever made.
Top-end London renters go shopping in the sales market
Agency reports 34% uplift in lets across the prime postcodes over the last year - and a ‘strategic shift’ in the £5,000-per-week-plus sector.
Non-dom exodus could be costing Treasury £4bn a year, claims top wealth lawyer
Stephenson Harwood’s James Quarmby says it’s the wealthiest departures that matter - and warns they aren’t being replaced.
Land Reg adds extra data to transaction records
UPRNs will be added to HM Land Registry's Price Paid Data from this week.
LATEST ARTICLES
Reapit secures £20mn from private equity backer
Software firm is working up new AI-powered tech to help estate agents better track and target customers.
Prime London Property Market Snapshot: Week 35, 2026
Sales activity remained quiet in the tail-end of August, but there has been a rise in properties going Under Offer.
Property industry reactions: Mortgage approvals declined in July
New Bank of England data illustrates 'the concerns and difficulties facing buyers', comments one prime resi pundit.
Criterion recruits new CEO and CFO
£6bn property group bolsters senior team as development pipeline ramps up.
Warwick revives 1880s Notting Hill terrace as luxury resi scheme
Four top-spec residences will be released to the market throughout the autumn.