‘Vicious circle of low supply breaks’ as more homes come to market

"The property markets in central and outer London are increasingly on different trajectories," says Knight Frank, as the latest market indices shine a light on sales and lettings trends.

Buyer demand is "massively outpacing" the supply of homes for sale, says Rightmove, as the national average asking price surges up by more than 2% in a single month.

"The prime London property market is in a sweet spot," declares Knight Frank's research team, as buyer demand bounces back and the supply of homes available to buy picks up.