"There is no doubt that there is a cool breeze blowing in the London market,” says Roarie Scarisbrick of buying agency Property Vision - but the consensus amongst 21 prime property pundits canvassed by PrimeResi is that prices are likely to remain resilient.
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House price inflation is likely to "unwind" back to single figures across the UK, predicts Knight Frank, although Prime Central London is set for higher price growth as global travel resumes.
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.