Rightmove: asking prices up 0.8% in April as buyer demand drops 7% year-on-year

Rightmove's April index shows asking prices rose 0.8% this month to £373,971, below the usual April gain of 1.2%. Buyer demand is 7% lower than a year ago and agreed sales are down 3%. For sellers, price growth is softer and homes are taking longer to move. For buyers, there's slightly more room to negotiate. The market is holding up rather than booming, despite recent mortgage rate rises.