Housing Market Update - March 2026
This month's report reveals a UK economy cautiously navigating a period of resilience.
While GDP grew by 0.1% last month and inflation eased to 3.0%, structural headwinds persist, notably a 13-month contraction in construction and a softening labour market.
The residential sector is also proving resilient, bolstered by falling mortgage rates and improved affordability.
House prices have returned to marginal growth, and preliminary figures show a robust 11% year-on-year increase in transaction volumes.
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