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

PRIME LONDON MONTHLY BRIEFING

Access the September 2024 issue from LonRes

The September issue of the LonRes Monthly Briefing explores the data behind the headlines, offering detailed analysis and helping you to keep your finger on the pulse of the London market.

Find out how prime London wrapped up the summer season. 

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KEY FINDINGS INCLUDE:

  • SALES INSTRUCTIONS REMAIN ROBUST

    New sales instructions in August were 8.1% higher than last year.
  • £5M+ STOCK LEVELS RISE

    At the end of August there were 30.1% more £5m+ properties for sale than a year earlier.

  • RENTS REMAIN HIGH ABOVE THEIR PRE-PANDEMIC AVERAGE

    Average rents are 31.6% above their 2017-2019 average.

  • RENTAL STOCK GROWS ON AN ANNUAL BASIS

    There were 6.0% more homes on the market across prime London at the end of August than a year earlier.

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