Sales market sees strong start to the year, but ‘it’s important not to get carried away by the outlook for the rest of 2024’

Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.

Yet a third of existing listings have had their asking price reduced, as supply runs at an 11-year high.

Buying activity has been 'stable' so far this month, says portal, but 'it’s too early to tell what may happen later down the line' as geopolitical instability affects the global economy.