The property supply index by online estate agents Housesimple.com found that the number of new sellers in London fell by more than double the UK average.

Every London borough saw fewer new listings in August than the previous month, with Barnet and Haringey having the joint-biggest decreases of 30.4%.

The five London boroughs with the greatest decreases in new listings

Across the UK, property listings fell by 6.9% in August as new property supply fell below 62,000.

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The 10 UK towns and cities with the biggest declines in new listings 

Sam Mitchell, CEO at Housesimple.com, said: “One of the hottest summers on record has inevitably had an impact on the property market.

“Although properties are selling, Brits understandably took advantage of the fantastic weather, and it’s no surprise they prioritised spending time outside and taking a holiday over moving home.

“Saying that, we did see plenty of sales going through, and the hot summer provided keen sellers with an opportunity to steal a march on the competition and secure a sale while there were less properties on the market.

“Now we are entering one of the traditionally busy periods for the property market.

“We would expect to see a significant increase in new listings in September and October and sellers will face stiffer competition.”