Prices slow but transaction levels rise 15%, with 18 registered buyers per property

We knew stock levels were low, but one firm in Knightsbridge has reported fielding 30 buyers for every property it's listed above £2m since the Election.

Buyer demand for new homes in London remained robust during the choppy waters of Q1, according to some new stats on the boxfresh market from Molior and Chestertons.

The Government's latest stats have put last month's UK resi transaction tally at 98,540.