What’s really going on in the London property market?
Just months after the summer referendum vote, the UK property market is showing signs of stability.
property market
£300,000 milestone passed as price of newly-marketed homes hits new high
As demand soars and supply remains tight, the average price of a property coming to market passes £300,000 for the first time...
Largest ever monthly drop in asking prices – but 2015 rise still forecast
2014 ends with the largest ever monthly fall in the price of property coming to market, down by an average of £8,703.
London loses its ‘boom-town crown’ to the South East
Price of property coming to market up by 2.6% (+£6,784) this month, though annual rate drops from 7.9% to 7.6% as pace of rises slows
Autumn upturn starts earlier than usual with 0.9% rise
Earlier than usual signs of autumn activity picking up as September’s new listings come to market with asking prices 0.9% higher than last month.
July property trends infographic
Our infographic provides a breakdown of how prices are performing across each region and property type.
Year-end forecast revised to +8%, in spite of first fall of 2014
2014 still ‘the year to move’ in spite of seasonal slowdown and cautious tone from Bank of England.
New record asking price as the country gets moving
Average asking prices of property coming to market hit new record high of £255,962 – up 1.6% on last month and 6.8% on last year.