Fall-throughs and backlogs down to market conditions, not a lack of valuers – RICS

"As the property market continues to slow down, we may enter a period of calm where asking prices, especially in new developments, are reassessed", says William Carrington in his introduction to the results…

Buyer demand has "flatlined" says the RICS in its July Market Survey. But it's not quite clear whether this a genuine turning point for the market, or just a pause for breath.

There are patterns within patterns in London's property market, notes Knight Frank, which has drawn a couple of maps to illustrate.