Executive summary

Executive summary-2% Buyer enquiries (%YoY)

• Homes are taking just 1 day longer to sell than last year

• Homes are selling as fast as last year across more than half of UK regions, despite higher mortgage rates

• Buyer demand rebounds after Easter to its highest level since the Middle East conflict began

• Sales agreed holding up, running 3% lower than last year

• House price inflation steady at 1.3%, supported by sales agreed

• Time to sell up 6 days in London – largest increases in areas where first-time buyers face higher

mortgage

   rates and high stamp duty costs

• Sales expected to hold up through 2026 with modest price growth nationally, with the North

   outperforming the South