‘It is clear that we have returned to a much more price-sensitive housing market after two years of a buying frenzy’ – Rightmove

Property portal expects the average UK asking price to end 2022 some 7% higher than it started the year.

HMRC's latest property transaction figures show the market settling into a "new normal", after two years of Covid-induced volatility.

The property market 'has clearly shifted in a negative direction', says the RICS' Chief Economist, with surveyors expecting house prices and transaction volumes to fall in the coming months.