UK house sales have actually decreased 6.7% year-to-date compared to the very same duration in 2025, with 368,000 homes sold subject to agreement by mid-April 2026, according to market information evaluated by market experts.
The figures show 553,000 new homes have come onto the market year-to-date, representing a marginal 0.5% decrease on 2025 levels but 16.7% greater than the 2017-19 average. Net domestic sales, which account for fall-throughs, reached 288,000, down 4.5% year-on-year however 8.9% above pre-pandemic norms.
Overvaluing issues persist
A substantial 47% of homes that left estate agents’ books in March were withdrawn unsold, with experts associating this to misestimating practices supported by extended sole firm arrangements of 20 weeks or more. This pattern reflects continuous obstacles in the market as sellers deal with pricing pressures.
Price decreases affected 13.2% of domestic homes for sale in March 2026, marginally below 13.4% in March 2025. The distinction in between listing costs and sale agreed prices stood at 25.8%, considerably above the 10-year average of 16-17%, with typical listing costs at ₤ 451,000 compared to agreed list price of ₤ 359,000.
Transaction and exchange data
Exchanges amounted to 214,000 by the end of March 2026, down 13% from the very same period in 2025 when 246,000 exchanges were tape-recorded. The decrease is attributed to the conclusion of a stamp task holiday in April 2025, which accelerated deals in the very first quarter of last year.
The sell-through rate in March 2026 stood at 15.5%, matching pre-pandemic averages however listed below March 2025’s 16.3%. Fall-through rates averaged 25.8% for the week ending 19 April, up from 22.5% the previous week but near to the long-lasting average of 24.5%.
Prices and stock levels
Concurred sales in March 2026 balanced ₤ 345.64 per square foot, representing a 2% boost from ₤ 338.97 recorded 12 months earlier and 12.7% higher than 5 years back. This metric correlates with HM Land Registry information with 98% precision, five months ahead of time, though property evaluations continue to deal with increased analysis from authorities.
Stock levels reached 717,000 homes on 1 April 2026, up from 706,000 a year previously. The sales pipeline included 453,000 homes, slightly lower than the 461,000 recorded on 1 April 2025.
Rental market stays steady
The rental sector showed very little motion, with typical leas at ₤ 1,740 per calendar month in March 2026, down partially from ₤ 1,747 in March 2025. Offered rental stock stood at 312,000 homes, essentially the same from 313,000 the previous year.
The probability of a residential or commercial property exchanging versus being withdrawn stood at 53% in March 2026, below the seven-year average of 57.6%. Weekly sales agreed for week 15 reached 26,100 homes, above the 10-year average of 24,000 for the very same week, though market observers note this figure reflects the post-Easter period when activity generally increases.