Ranked: England’s fastest & slowest-moving post-lockdown markets
"I can’t see there being a mass exodus from the capital but it does look set to be much more challenging for sellers of more expensive properties in zone 1 and parts of zone 2 who are looking to sell quickly," says Rightmove's chief market pundit.
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Fastest-moving property market in five years, as buyer demand stays high
The annual rate of UK property price inflation was running at +6.1% in August, according to Zoopla; that's more than double the rate recorded in August last year.
‘London’s overall influence on the prime market has dropped’, says Rightmove, as Scotland becomes Britain’s fastest-moving £1m+ property market
London now accounts for 40.5% of all seven-figure transactions in the UK, down from 47% before the pandemic.
London property prices rise at fastest rate since 2016 – UK HPI
The latest official UK House Price Index tells of 10.6% inflation in the year to August.
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