Buyers & sellers ‘remain confident’ about housing market prospects

"Unless high net worth foreign investors return in their pre-pandemic numbers, we can expect the market to continue to recover at a slow and steady pace, rather than with a sharp uptick," says Savills.

“Having taken stock during the first three months of the year people are now coming to market and being decisive," says Russell Grieve, office head at Knight Frank Haslemere.

Property portal predicts house price growth will slow to 5% by the end of this year, but buyer demand remains high in the face of rising interest rates and costs of living.