"We estimate that 187,000 additional households are in need of sub-market housing each year, requiring a significant step up in delivery"

"Questions around the outcome of the October budget have weighed on those involved in the prime central London market, overshadowing the benefits of lower mortgage rates felt by some buyers in outer prime markets."

"Falls in the cost of debt and an improving economic outlook have created more capacity for house price growth"

"Greater stability in the mortgage markets has encouraged more domestic buyers back to the outer prime London markets whilst prime central London remains steady having held up more strongly since 2022"