‘A clear swing towards hesitation for prospective sellers’ as new listings slump by 15%

Every UK region has seen double-digit growth in property transactions volumes compared to pre-pandemic 2019, says TwentyCi. Nearly a million households are about to move home or have recently done so.

House prices "are expected to continue to climb higher over the year to come," says the RICS, "albeit the pace of increase is likely to subside somewhat in the months ahead."

In a typical year, only around half of properties listed for sale on Rightmove successfully find a buyer. That has jumped to nearly 70% in the last year or so.