The property market could be emerging from the downturn, Zoopla says.
Annual house price growth remains just 3.0 per cent according to the portal’s latest market snapshot but it says buyer demand has hit a 2023 high, 66 per cent more new properties have hit the market, and sales are ahead of the five-year average.
Analysing the figures, Sarah Coles – a leading analyst at business consultancy Hargreaves Lansdown – says the rental market has had a role to play.