£68.8bn-worth of homes were sold in the first half of this year
London's NW3 is the most valuable postcode of the year so far, with £262.5m-worth of residential property changing hands. Outside of the M25, a postcode in Brighton has seen the highest total value of residential transactions.
Buyer demand jumps in prime London, reaching a five-year Summertime high – but vendors continue to hesitate
Market Snapshot: Knight Frank's Summer sit rep for the prime London sales market
Transaction numbers are recovering, but are still well below last year’s count
July's official count of residential property transactions was higher than in June, but still some 27% below the same month last year.
40% of properties sold for more than their original asking price in June
"Astonishing" demand broke more property market records last month, reports Propertymark, but the estate agency organisation does anticipate "a rebalancing of the market over the coming months."
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