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Residential Update and Outlook | October 2026

Explore our October Residential Update and Outlook, covering modest economic growth, inflationary pressures, flat house prices and the Autumn Budget.

Overview

In this month’s Residential Update and Outlook, we see signs that the economy grew modestly, although this was overshadowed by continued inflationary pressures, falling retail sales and weakening consumer confidence.

House price growth also remained largely flat.

With the Autumn Budget looming, businesses and households may have paused decision-making as they awaited greater clarity on the potential financial implications.

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Highlights

GDP grew by 0.1% in August

Inflation rose to 3.5% in September

Consumer confidence fell 11 points to -24 (GfK)

House price growth slowed to 0.8% annually (Nationwide)

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