PCL neighbourhood named UK's 'slowest' property market

Major estate agency reports some positive signs, but still some way to go before there's a full return to pre-2022 health.

You could count the number of £30mn-plus sales that happened in the last year on two hands.

Cash buyers had the advantage as rates increased 14 times between November 2021 and August 2023, but the tempo in resi markets is largely set by leveraged buyers, notes Knight Frank.