Prime London sales dip after stamp duty rush; £5mn+ supply hits all-time high

The top end of the market took an extended Christmas break in January, reports LonRes, and is 'unlikely to return to the highs of 2021 and 2022 any time soon'.

Transactions & values were both down on an annual basis last month, reports LonRes, but full-year numbers & forward-looking indicators are cause for optimism.

Relative normality returned last month after a record-breaking October, although wider data points to improving activity levels;