Rightmove reports busiest ever January; buyer demand over 20% higher than pre-Covid levels

"It is little surprise that housing market activity is now losing some momentum," says the RICS - but most surveyors "still anticipate prices will be modestly higher than current levels in a year’s time.

Property prices dipped in PCL in Q2, reports JLL - but the estate agency has seen a sharp rise in potential buyers registering with its central London offices.

Property prices may prove "resilient" in the face of rising interest rates and costs of living, but transaction numbers are "likely to slow as the year wears on," warn surveyors.