Jim Parker
November 3, 2025
Executive summary
- Budget uncertainty is prompting buyers to ‘wait and see’, leading to the first annual decline in sales agreed in two years.
- Buyer demand is down 8% compared to last year and sales agreed are down 3% as activity cools – more notable in higher value markets.
- House price inflation is steady at +1.3%, with prices flat in southern England but rising by more than 2% elsewhere .
- More homes for sale (+7%) is giving serious buyers greater choice.
- Average time to sell is up to 37 days, c.10% longer than last year.
- Realistic pricing is key to securing home sales.
- 350,000 homes worth £100bn are progressing through the sales pipeline – the largest in four years.