Related topic: House prices

Higher mortgage rates and political uncertainty have shrunk the pool of committed home buyers, pushing sales agreed to 7% below last year.

78% of homeowners would expect buyers to pay more for an energy efficient home.

Despite the significant rise in house prices, buyers still start paying stamp duty at the same point they did twenty years ago.

May sales agreed volumes fell 8.1% year-on-year, signalling potential weakness later in the year.

The gap gets even wider with London excluded - with a house being 2.3 times the price of a flat.

The average monthly rate of UK house price growth in April was 0.7%.

The number of homes for sale remains at historically high levels, driving price falls as competition to attract a buyer remains fierce.

Northern Ireland continues to record the UK’s strongest annual growth at 7.8%.

Savills has revised down its UK house price forecast as higher mortgage costs weigh on demand.

Annual house price growth slowed to 1.7% in May, from 3.0% in April.