Propertymark predicts ‘further price corrections but only in the short-term’ as home-buyer demand dips

September data from estate agents 'points to a pricing correction despite average house prices continuing to rise'.

'Landlords must adapt' to new marketing conditions, warns Foxtons, while Chestertons suggests London landlords have 'little option but to start reviewing their prices.'

Housing market activity is slowing down as seasonal trends re-emerge, says the estate agency trade body.