Related topic: House prices

Sentiment suggests this muted picture is likely to persist into early 2026.

First-time buyers are the largest group of home buyers, accounting for half of all new mortgages for home purchase.

Over the past 12 months prices have grown by 1.3%, the slowest annual rate since April 2024. 

Northern Ireland remains the strongest performer by a wide margin.

Demand for properties over £500,000 had dropped by 4% with a 7% reduction in new listings over the last five weeks.

Buyers in London and the south of England are benefitting most from static house prices and lower mortgage rates.

House prices cooled but avoided the usual 'summer slowdown'.

Average new seller asking prices are now 0.1% below this time last year following several months of muted price growth.

New buyer enquiries fall for a second straight month, with a decline in agreed sales also reported.

The latest e.surv Acadata House Price Index shows average house prices in England and Wales held steady in August, ending a run of six consecutive monthly declines.