Housing Market Update | July 2026
This month's Housing Market Update report finds reasons for optimism, particularly following the signing of the Iran war peace deal.
Retail sales rebounded strongly in May, and with inflation holding steady, the Bank of England kept rates on hold.
In the residential sales market, mortgage approvals increased and transaction volumes remained above their ten-year average, although Nationwide reported the first monthly price fall of the year, and Rightmove also reported a small fall in asking prices over the year.
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