Spring is usually a time of new beginnings. For the property market, this time of year is traditionally when we see the market pick up, with gardens in bloom and good photography bringing out the best of homes
A return of the seasons
Since 2020, the concept of seasonality has been in flux. Predictable it was not, however now we’re starting to see the pace of the market return to something that resembles a post-pandemic norm – so, what does seasonality look like today?
There’s definitely a better choice of properties for sale and more in some areas than others. With that, transactions may take longer to complete as buyers do not feel the same level of urgency as was felt during the previous couple of years. This means that realistic pricing will be key to driving activity in the market today; something for both sellers and buyers to keep in mind.
Read each section below.
Market overview
With the rising cost of mortgage debt and living, how resilient has the prime housing market been?
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Savills 12th buyer and seller survey
Our twelfth buyer and seller survey reveals the changes in buyer priorities and commitment to move
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The UK’s top 50 towns and small cities
The top 50 towns and small cities in the UK based on the socio-economic, educational and health profile of their residents
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Cost-conscious tenants slow rental growth
How the prime rental market has performed in different areas of the UK
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Prime central London’s rare gems
The availability of new build developments over £5m in prime central London
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A deep dive in to the Savills Prime Index
Our prime index shows quarterly, annual and three-year price movements by property type and location
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To read more of our Residential Research please visit our Residential Hub
Read the articles within Report: Prime UK Residential – spring/summer 2023 below
