Transaction levels hit 5 year high as supply and demand diverge

The average property for sale on Zoopla is now reduced by 6.05% compared to its original asking price; that's the lowest discount figure since 2010.

Expectations for future house price rises are at the highest level they've been all year, according to Knight Frank and Markit's latest sentiment survey. 23.

"The unexpected political certainty has helped to fuel a post-election price surge," says Rightmove, as average asking prices on the portal have jumped by nearly 3% in a month.