LonRes Research: Prime London Monthly Briefing: November 2024 LonRes Research: Prime London Monthly Briefing: November 2024

PRIME LONDON MONTHLY BRIEFING

Access the November 2024 issue from LonRes

A strong October for the prime London sales market as year-on-year transactions and properties under offer increased.

The rate of annual rental growth continued to slow, while the number of lets agreed and new instructions fell.

Delve into your latest briefing now by completing the form.


KEY FINDINGS INCLUDE:

  • STRONG MEASURES

    Measured by transaction levels, October was the strongest month in a long time. There were 55.8% more sales than last October.

  • HIGHER STOCK LEVELS

    The stock of available homes for sale also grew in October and was 10.6% higher at the end of the month than a year earlier.

  • RATE OF RENTAL GROWTH FALLS

    Annual rental growth across prime London fell slightly to 1.4% in October.

  • STOCK LEVELS

    The stock of available rental properties increased slightly, with 0.8% more homes on the market than a year earlier.

See LonRes in action...

Looking to make your mark on the prime London property market? Request a free trial with LonRes today. 

Request a free trial to learn more about how our powerful data and research suite, extensive property listings, and plethora of features can help you do more business.