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"It doesn't feel like a buyers' or sellers' market," she said.

Despite being a sellers' market, aviation attorney Stewart Lapayowker sees some early signs of softness.

"So, there is perhaps one green shoot for prospective purchasers; with overall buying demand down compared to last year, we may be past the peak sellers' market."

All but one of 27 analysts said it would remain a sellers' market this year and will only turn in 2024.

"The current labour market is a sellers' market, not a buyers' market, meaning jobseekers hold all the cards and it is down to the employers to make themselves as attractive as possible to new talent."