Asking prices leap in March – but annual growth remains subdued

Here's a nice little animation from the ONS to show just that. There were only a very few south eastern pockets with a median house price of over £300,000 20 years ago;

Edinburgh's market is "still absorbing" the move to LBTT, notes Knight Frank, as prime property prices in the Scottish city nudged up by 0.4% in Q2. Annual growth has now slowed to +3.4% from +5.