Rightmove reports busiest ever start to the new year

"Buyer demand remains high but there are now signs that market is softening," says Zoopla's research chief, as more vendors cut asking prices and deals take longer to materialise.

London's average property price dropped by a sharp 2.9% in September, according to the latest official statistics, taking annual growth in the capital down to +2.8% (from +6.7% in August)

128 London homes changes hands for more than £5mn in the opening three months of the year; 25% more than in Q1 2021, and 24% more than in Q1 2020.