Balance returns to the housing market as new sales instructions climb

“A lack of homes for sale rather than a lack of desire from buyers is what is dictating the pace of the market,” says Rightmove, as the UK’s average asking price rises 2.1% in a month.

We're in a "new normal" property market, says OnTheMarket - "an elevated version of the pre-pandemic market."

The supply of properties listed for sale has fallen to an all-time low, reports Propertymark, while buyer demand continues to climb.