ZOOPLA UK HOUSE PRICE INDEX – March 2026

https://open.spotify.com/episode/5e4dCGKGyLAYFagbhtBSA5?si=VboHCwcuR6mhkoHOx_G4FQ

Executive summary

  • Sales agreed holding steady in March, supported by committed movers with mortgages agreed and pressing on with sales
  • Buyer demand weakens in March, now 13% below last year, as more early-stage movers adopt a ‘wait and see’ approach
  • No differences in buyer behaviour between first-time buyers and existing homeowners – serious buyers continuing with plans
  • Average mortgage rates up by c.0.4% over March with sub-4% mortgage deals withdrawn
  • UK house price inflation stable at +1.3%
  • If mortgage rates were to rise further, weaker demand is likely to feed into lower sales later this year

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Where Will We Find Meaning in a World of Abundance?

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UK House Price Index (Scotland): January 2026

Economic Statement

Total transaction volumes and new build volumes available to calculate UK HPI estimates have increased recently. HM Land Registry has processed over 40% of HM Revenue & Customs’ provisional sales estimate for UK HPI’s first estimate in recent months, though transaction volumes for older periods and new build volumes remain lower than historical averages. Users should be aware that revisions may be larger than historically and should note the greater uncertainty around new build prices.

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