Rightmove raises property price forecast despite asking price dip

'Despite the short odds on a change in government and continued market activity, the general election has resulted in a degree of caution' in the property market, says Savills.

The property market displayed 'much-better-than-predicted resilience this year,' says Tim Bannister, despite a bigger than usual December dip for new asking prices.

Top analysts now expect Central London property values to fall by 1% through 2024, having predicted a 1% increase at the start of the year.