It can be difficult to grapple with the often confusing housing and property data so it’s very useful to have a summary of this year’s data and so credit to the Digital Property Group for this.

As expected things are not great in any sector, even lettings, due to affordability, margins for landlords and myriad other factors.

Of course thje big news in the residential sector was released this week. anyone involved in mortgages or conveyancing in the last 10 years will know that the excesses were there for all to see and things had got completely out of control. Whilst the proper checks on affordability will dampen down the market for years if not decades to come, this kind of action was long overdue and reflects the need to have some kind of responsible free market economics in the future to ensure social stability and the greater good.

Reality bites, as the saying goes.