Main image: Non-seasonally adjusted and seasonally adjusted UK residential property transactions by month between April 2019 and April 2022, in thousand transactions (via HMRC)
Transactions fall as the property market calms
April's tally of residential property sales was still well above pre-pandemic norms, but the market appears to be easing from its frantic pace.
Off-market property sales soar as mainstream sellers embrace discreet marketing
One in ten homes sold across the UK so far in 2022 were only marketed quietly, rather than being openly broadcast on the portals. That figure rises to nearly a quarter in London and prime country markets.
Asking prices climb to another record high, but the property market appears to be slowing
“A lack of homes for sale rather than a lack of desire from buyers is what is dictating the pace of the market,” says Rightmove, as the UK’s average asking price rises 2.1% in a month.
‘The risks are rising’: Top analyst warns of a looming property market downturn
"Underlying fundamentals suggest house prices are reasonably priced at current levels," says Neal Hudson, but "the fundamentals may be about to change – potentially quite quickly."
Most read
Brace of Mayfair mansions offered as ultra-prime redevelopment opp
A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.
UK buyer swoops on marquee penthouse at boutique Mayfair scheme
Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.
London Square unveils plans for £240mn Chelsea scheme
Assael Architecture-designed proposals involve 42 new homes and a £13mn National Army Museum extension.
Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
More speculation about potential tax hikes in November's Budget event.
Private island in the Thames heads to auction
Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.
Battersea Power Station owner reportedly mulls sale
It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.
Tapping the Top End: Lucian Cook on the potential impact of taxing luxury homes
As the Treasury signals tax changes, Savills' Head of Residential Research examines their potential impact on the prime property market.
‘The opportunity was clear’: Behind Maybourne’s expansion into branded residences
COO reveals how the Claridge's operator plans to integrate luxury hotels, homes, and wellness into a highly personalised 'ecosystem'.
Major Irish agency expands with key hires & Knight Frank acquisition
Sherry FitzGerald has bought commercial real estate advisor Knight Frank Ireland, and recruited four senior names from Colliers to its residential business.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
LATEST ARTICLES
‘Extraordinary’ French Riviera estate to headline global luxury auction event
First-line residence in Saint-Jean-Cap-Ferrat, listed at €35mn, will be auctioned off as part of Sotheby’s inaugural Abu Dhabi Collectors’ Week.
Prime London Property Market Snapshot: Week 43, 2025
Top-end torpor continues as Budget speculation mounts.
Grand Registry: Surveying last month’s biggest registered deals
Latest official data confirms one of the biggest sales of the year so far in NW London.
Top-end Thames Valley specialist joins Harding Green
Alex Reid spent the last 18 years working for Savills, Hamptons & Chancellors.
Turnkey trend continues at Almacantar’s Hyde Park flagship
Two show apartments sell swiftly as buyers opt for move-in-ready homes at Rafael Viñoly-designed The Bryanston.