This month’s Residential Property Review includes:

• Releases from Savills show a mixed picture with the UK Housing Market Update pointing to recovering market activity in May, even as the English Housing Supply Update for Q1 2023 revealed a quarterly drop of 20% in new homes completed.
• The average price of UK detached homes has increased by 74% in the past decade, according to new research by easyMoney, making it the house type with the largest value increase over that period.
• London’s £10m-plus property market recorded its strongest performance since the 2016 Brexit vote in the year to March 2023.