17/06/2026
WHAT IS HAPPENING IN THE PROPERTY MARKET CURRENTLY?
I have read an interesting property market report this morning. The report leads with the HEADLINE that national level of sales in May reduced by 8.1% year on year in May. A negative lead on the report I think you will agree...
The report confirmed 109,922 sales were agreed (which is considerable) and that 'housing supply remains elevated and fall-through rates have continued to improve, suggesting sellers are continuing to bring homes to market and committed buyers are progressing transactions' followed by:
“... across the bigger picture, the market remains very resilient. Demand is still nearly 15% higher than in 2023 and remains ahead of 2024 levels despite the ongoing affordability pressures, geopolitical uncertainty and higher mortgage costs. That resilience reflects the determination of committed buyers, who continue to move even as the market conditions become less certain.”
and
''for the year to date, transaction prices have so far remained broadly unchanged.''
I think I take from this that people are moving home, and prices are fairly stable across the country. In short, if you are thinking of moving then now is as good a time as any...
