‘A welcome shift towards more balanced conditions’ as property market returns towards pre-pandemic conditions
"It is encouraging to see far calmer and more consistent conditions prevailing," says Landmark Information boss.
Mortgage lending stays well-above pre-pandemic norms
The latest Bank of England data show a slight drop in mortgage approvals.
Transactions fall as the property market calms
April's tally of residential property sales was still well above pre-pandemic norms, but the market appears to be easing from its frantic pace.
‘The risks are rising’: Top analyst warns of a looming property market downturn
"Underlying fundamentals suggest house prices are reasonably priced at current levels," says Neal Hudson, but "the fundamentals may be about to change – potentially quite quickly."
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