Rightmove says homeowners are springing into action, with Thursday 28 March seeing the highest number of new sellers coming to the market in one day so far in 2024, and the third largest since August 2020.
The most significant help for the property market is likely to come from a drop in the rate of inflation.
Anthony Codling of RBC Capital Markets provides an optimistic view of the current housing market for investors, highlighting the resilience of the market despite challenges.
Average asking prices for British homes made the strongest start to the year since 2020.