Post-election optimism leads to a January bounce in asking prices and number of sales agreed

London recovery continues, boosted by post-election bounce - - Increased optimism also releasing pent-up demand as home-movers judge the election result gives a window of stability - 19% leap in number of sales agreed compared to same period a year ago, suggesting an active spring market - We expect that more properties will come to market this year as seller confidence is now buoyed by increasing prices – annual rate of price increase up to 3.1%, the highest since September 2016 - We expect more sellers to take advantage of this window of opportunity and that the number of properties listed for sale will increase compared with 2019 https://www.rightmove.co.uk/news/house-price-index/