Rightmove reports sharp drop in £2mn+ sales activity

'Savvy summer sellers price competitively to stand out & attract a buyer,' says property portal as asking prices drop, price cuts proliferate, and deal numbers rise.

One in six residential sales across England & Wales in the last three years went through without public marketing, reports TwentyEA - rising to 20% in the £1mn+ market.

Survey of surveyors reveals 'further signs of strain' for the housing market in April, as Stamp Duty bills jumped.