Zoopla flags ‘signs of demand weakening in high value markets’

It's been a busy start to the year for the property market, with some 30% more sales agreed in Q1 than in pre-pandemic times.

“There are signs that the imbalance between demand and supply is starting to ease,” says Zoopla in its latest market update.

Surging house price inflation has pushed 4.3 million homes into a higher stamp duty bracket since the start of the pandemic, estimates Zoopla.