Buyer enquiries continue to rise, with new listings activity also picking up.

Momentum appears to have stalled with fewer buyers registered in February 2024 than in February 2023.

Sales agreed are up 9% compared to a year ago.

The start of 2024 also saw an 80% increase in the number of properties coming to market.

However, transactions saw the first month-on-month increase since August 2023.

£154.7bn worth of property was sold in 2023, an annual reduction of 48%.

Early 2024 sales activity saw a 33% increase compared to December last year.

Buyer demand is at its strongest since February 2022.

Transactions are down by 18% compared to December 2022.

UK buyer demand is up 12% and sales agreed are up 13% year-on-year.