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September 2025

Transactions

There were 95,580 transactions in July, a 4.3% rise year-on-year (HMRC).

Respondents to the latest RICS survey envisage broadly flat sales activity over the next three months, evidenced by a net balance reading of just -2% being returned. The number of sales being agreed is 4% higher than at this time last year (Rightmove).

Demand

There were 65,352 mortgage approvals in July which is 4.6% higher than a year ago (Bank of England). Buyer demand 4% higher than a year ago (Zoopla).

A net balance of -17% was returned for the RICS new buyer demand series in August, down from -7% the previous month, indicating a slight fall in demand.

Property market report

Our up-to-the-minute national, regional and local property market reporting.