"Will rents continue to outperform capital values? Which cities have continued to perform? And what do we expect to see for the remainder of 2023?"

"A higher proportion of cash buyers means Surrey’s private estates are more robust to economic headwinds impacting the wider housing markets"

"Whilst demand remains strong, tenants' budgets are beginning to come under pressure with rising inflation and the increasing cost of living. As a result, we expect the gap between tenant and landlord expectations to widen in the short term with landlords who choose to price sensibly attracting the most interest"

"Average gross yields in 2022 have increased for London’s prime housing stock, as rental growth outpaced capital value growth in the first three quarters of the year and capital values softened in the final three months of the year"

"Across prime London, rental growth continues to set new records as a result of four consecutive quarters of stellar increases. "

"Following strong levels of rental growth over the first half of 2022, we predict the acute lack of stock and continued strong demand will maintain pressure on prime rents across both London and the commuter belt, at least in the short term"

"For the prime residential markets around the world, soaring demand for urban living against constrained supply has caused capital values to continue rising and rental values to excel"

"Lifestyle changes continue to drive market growth"