PRIME LONDON MONTHLY BRIEFING
Access the May 2024 issue from LonRes
The prime London market will always keep you on your toes in this ever-changing property landscape. Ensure your business is up-to-date with any trends and shifts across the whole market.
New instructions and under offers on the rise, but deals are taking longer to go through. Meanwhile, the lettings market continues its slow recovery.
Delve into your latest briefing now by completing the form.
KEY FINDINGS INCLUDE:
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SaLES ACTIVITY HOLDING STABLESales activity in April was approximately in line with last year, falling by 0.9% compared to April 2023. -
NEW INSTRUCTIONS CLIMBING
At the end of April there were 10.5% more properties available to buy than a year earlier across prime London.
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RENTAL GROWTH CONTINUES TO SLOW
Annual rental growth across prime London fell slightly in April, to 2.9%.
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LETS AGREED ON THE UP
LonRes data for April indicated an annual increase of 12.4% in lets agreed and a 26.8% increase in new instructions.
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