Propertymark reports 80% jump in new instructions, but sales stock remains at a record low
"There is certainly no let-up in demand, but the supply line appears to be recovering at a quicker pace and edging towards a rebalancing of the market," says Propertymark chief Nathan Emerson.
Super-prime property sales hit record highs in London
“London’s super-prime markets stellar end to the year is evidence of the influence that the pandemic-fuelled desire for more space has on residential markets," says Savills.
Deal numbers hold up despite low stock
Estate agents agreed an average of nine sales per branch in April, says Propertymark - roughly in line with the long-term average, despite a continued shortage of homes available to buy.
Asking prices rise to another record high – but the pace of growth slows further
"There are likely to be some month-on-month price falls during the second half of the year," says Rightmove.
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