'There seems to be no rush for many potential buyers & sellers': Transactions & prices slide in Prime London's 'subdued' sales market
Average values across the prime postcodes are now roughly in line with early-2014 levels, reports LonRes.
Under-offer numbers down in Prime London as buyers & sellers put their moves on hold
The number of properties put under offer last month was below the pre-pandemic average for the first time since June 2020, while fall-throughs were up by 80%...
Prime London’s sales pipeline shrinks as demand drops off
The number of properties going under offer last month was down by over a quarter on last year's levels, which 'could impact on the outlook for the last three months of the year', warns LonRes.
Transaction volumes suffering in ‘subdued’ Prime London sales market
Things have been noticeably quieter in the prime postcodes over the summer, and the traditional autumn activity surge may not happen this year, warns LonRes.
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Government confirms ‘developing approach’ to mansion tax valuations
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