New analysis has revealed that flats and apartments were the most popular purchase across 24 London boroughs during 2023.
Related topic: Sales
It's 'business as usual' for the UK property market as we head into Spring, bolstered by vastly improved optimism among sellers compared to March last year.
Early signs for the market in 2024 are increasingly positive, with metrics for buyer demand, sales and new instructions all heading in the right direction.
The capital has remained the busiest city for homebuyers despite poor house price performances over recent years.
Tom Bill, head of UK residential research at Knight Frank explores why sales in London's prime property market have been slow out of the blocks this year.
The UK auction house raised over £52m in its February residential auction
Though normally a quiet period for auction sales, January 2024 has been classed as the busiest-ever January in property auction history, according to Essential Information Group data.
The UK auctioneer has reported selling 616 lots during the month and raising a total of over £83 million - a February record for the company.
The perceived reduction in Local Authority Search turnaround times is simply down to a loss of buyer demand, according to new research.
Zoopla predicts that the increase in sales market activity is likely to continue with a 10% rise in home sales expected during 2024 against 2023.
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