LonRes Research: Prime London Market Update: Summer 2024 LonRes Research: Prime London Market Update: Summer 2024

PRIME LONDON MARKET UPDATE

SUMMER 2024: READ NOW

Your quarterly update on the very latest property market movements in prime London.

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  • Sales market

    At the end of June there were 25.8% more £5m+ properties for sale on the market than a year earlier.
  • Sales Market continued...

    New instructions were 9.7% higher than in Q2 2023.

  • Lettings market

    Number of lets agreed was up by 9.1% over the first six months of the year, compared to the same period in 2023.

  • Lettings market continued...

    Rents remain at record levels, almost 30% above their level at the end of 2019.

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