With March proving to be a remarkable month for the UK housing market, we provide unique insights into the story behind the headlines, and what the rest of the year looks like for estate agents.

March delivered a remarkable month for the UK housing market, with residential property transactions surging to 164,650 - a level not seen often in recent history. In fact, this made March the fifth-highest month for residential transactions in the last 20 years. To put it into perspective, that figure is a 69% increase compared to the long-term average monthly transaction level of 97,700.