‘What we are now experiencing may simply mark the start of the ‘new-norm’, says buying agency
But Garrington expects "further mixed conditions" and a lots more "dramatic headlines" in the coming weeks and months.
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Buying agency reports ‘deals being agreed at levels that would have been simply dismissed six months ago’
Garrington says it is seeing 'sellers recalibrate as the realities of a more competitive landscape set in.'
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It's 'a stand-off rather than a slump' in prime regional markets, says Garrington, as it advises buyers that parts of London are 'starting to look good value again.'
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New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.