Location: United Kingdom

The average UK house price was £287,546 in June 2023, which is £5,000 higher than 12 months ago, but £5,000 below the recent peak in November 2022.

Bristol dominates a list of areas where homes are selling fast, says Rightmove, while London enclaves (including Knightsbridge) are the top sellers' markets.

Negative sentiment has led to fewer sellers and a lack of supply across most of Prime Central London - and particularly between £5mn and £10mn, reports buying agency.

Alex Pope & Felix Langlois' Voza is targeting 'exponential growth' after completing a string of projects across PCL

Transactions have also slid, and were at their lowest level since the GFC in H1, reports Acadata.

There is "significant scope for a purchaser to buy both penthouses and combine them into one extraordinary property subject to the necessary consents," says Savills.

Foxtons reports a 6% improvement in lettings stock in the capital.

Longstanding firm Russell Simpson has launched a dedicated Kensington lettings team as part of its expansion across the top neighbourhoods of west London.

"'Buy in haste, repent at leisure' applies throughout the property market – but especially to new builds."

The latest addition to the agency's network will be led by former Fisher German agent Mitchell Glassey.

Heaton & Partners boss bemoans rising number of 'truly dreadful' one- and two-man bands, whose clients risk ending up 'at the back of the queue'.

Anyone buying, selling or re-mortgaging should watch the numbers closely on Wednesday, says Knight Frank's head of UK residential research.