‘We are beginning to see clear signs of a rebound in Prime Central London’: Strutt & Parker flags resurgent property market
'Regained optimism signals a spring rally' for prime property markets in and around London, says Strutt & Parker, as the estate agency stands by its 2023 house price forecasts despite a turbulent economic run over the last eight months.
Selling season could be a damp squib this year
Fresh options for London buyers will be limited in the coming weeks, warns major agency, after recording a 17% drop in new vendors entering the market.
Major bank expects UK house prices to fall 10% this year
Santander has reported a 37% drop in mortgage applications in the last quarter.
‘The start of 2023 has seen more activity than most expected and there are signs that the rest of the year may follow suit’ – Strutt & Parker
Estate agency maintains property price forecasts for the year ahead, but cuts its outlook for Prime Central London rental prices.
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'There have been surges of interest from Americans in the past but in 20 years of doing this job, I can’t recall quite so many buying as now'.
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