Rents are rising at the slowest pace for 4 years as the supply and demand imbalance narrows. This is welcome news but strong competition for rented homes remains.
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Lower mortgage rates are supporting more house sales against a backdrop of modest house price inflation. Our House Price Index tracks key trends in the UK housing market - here’s the latest news in May 2025.
Mortgage rates are likely to stay in the 4-5% range this year but changes to affordability testing gives buyers a boost.
House price inflation is losing momentum as seasonal factors and growing economic uncertainty cools buyer demand, while supply continues to expand. More homes for sale are boosting choice and keeping house prices in check.
Buyers have a wide choice of homes for sale, which will keep price inflation in check. Sellers need to be very careful in how they price their homes if they are serious about moving in 2025.
The housing market is resilient, supported by faster growth in average earnings. There are the most homes for sale in 7 years, which will keep price inflation in check. But are buyers missing opportunities in the flats market?
The average UK home is now worth £2,400 more than it was 6 months ago. But if you own a terraced property in the north, it's likely to be a lot more than that.
Sales market activity has rebounded over 2024 as buyers and sellers return to the market. This has boosted sales volumes, but buyers remain price-sensitive, especially in the wake of the Budget and uncertainty over the outlook for mortgage rates in 2025.
Londoners stay put the longest before going on the market, while those in the North up sticks faster. Find out what's happening where you live.
