Rightmove’s Shipside Sees Bottoming Out of London Housing Market

The video discusses the stabilization signs in the London property market, noting that while sales volumes are low, there is no significant year-on-year deterioration. Seller behavior shows a decrease in market entries, especially in central London, preventing oversupply. Post-Brexit, buyer confidence is influenced by the extended deadline, creating a window of opportunity. The UK economy's fundamentals, such as employment and interest rates, remain sound, with affordability improving as wages rise faster than house prices.

What signs of stabilization are mentioned in the context of the London housing market?

How has the number of sellers in London changed compared to a year ago?

What factors are contributing to the prices in the London housing market?

How has the Brexit deadline affected buyer confidence in the housing market?

What is the current state of the UK economy as it relates to the housing market?