Annual house price growth slowed to 1.7% in May, from 3.0% in April.
Annual house price growth slowed to 1.7% in May, from 3.0% in April.
Lower-band NHS workers face more than 100 years to afford a first-time buyer home in London, the new research shows.
Housing market activity is holding up in the face of uncertainty, though with fewer buyers than a year ago the outlook remains finely balanced.
The East Midlands experienced the largest monthly and annual price increases.
Market activity continues to hold up despite the ongoing cost-of-living pressures and recent higher mortgage rates.
Sales market activity indicators remain firmly negative, the latest RICS data shows.
Pricing, and the seller's commitment to selling at a realistic price, is the biggest factor.
Northern Ireland continues to record the strongest annual growth at 7.6%.
Annual growth increased to 3%, with a monthly rise of 0.4%.
The average time to sell a home is 33 days, just one day longer than last year - though London sees the greatest impact with time to sell being six days longer.
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