Sales agreed fall for a fourth straight month in August as new listings hit a ten-year high

TwentyCi reports sales agreed fell 6% year-on-year in August, a fourth consecutive decline, while new listings hit a ten-year high. More sellers are competing for fewer buyers, and the demand-to-supply balance worsened across every property type, with flats down 13.2%. For buyers that means more choice and more room to negotiate; for sellers, realistic pricing matters more than it did in spring. Completed transactions are still holding up, so this is a weakening pipeline rather than a turned market.