Asking prices hit another record high, but ‘there are early signs of a slowing in the frenetic pace’ of the property market

House prices are being inflated by "frenzied" buying activity and a continued shortage of properties being listed for sale. There's a 225,000 shortfall of homes for sale, estimates Rightmove;

Q4 2019 saw the first quarterly increase for average property prices in Prime Central London in four years, according to Savills

Three regions have seen asking prices climb by more than 10% in the last year-or-so, says Rightmove, while Greater London has seen prices flatline.