Housing Market Update - October 2025
In this month's edition we see that the UK economy is showing signs of slow growth including a modest rise in GDP and good retail sales figures.
Report summary
However, persistent inflation at 3.8% and a rather cautious attitude by both consumers and businesses, particularly in the run-up to the Budget in November, is making for a challenging outlook for the months ahead.
In more detail, the residential housing market shows signs of sluggishness despite a recent, minor uptick in mortgage approvals and transactions, which likely reflects a recovery from a previous slump rather than sustained growth.
Forward-looking indicators point to an easing in buyer demand although it is still above the same period last year.
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