The price of property coming to market hit a record high in April, according to Rightmove, up 1.1 per cent or £3,547 to £313,655.
However overall the annual pace of asking price increases continued to slow, Rightmove noted, with it now at 2.2 per cent, the lowest for four years.
Rightmove reported strong buyer activity with the number of sales agreed the highest at this time of year since 2007, before the credit crunch.
Russell Quirk,, founder and chief executive of eMoov.co.uk, said it was iInteresting that Rightmove observed no wobble in the market where asking prices are concerned, despite the industry indices based on sale completions stating otherwise.
He said this would suggest that UK buyers are still sitting tight despite a marginal cool in market demand and are yet to reduce their price expectations.
Overall, Mr Quirk said the predominant air of confidence seen in the market over the last year from UK home sellers seems to be persisting and this, in turn, should see price growth stabilise.
emma.hughes@ft.com
