Residential Update and Outlook | September 2026
In our latest Update and Outlook, we see that the UK economic picture remains difficult to interpret.
Overview
This month, GDP continued to expand and retail sales increased, but labour market indicators remain challenging, while inflation rose again.
In the residential market, higher borrowing costs are clearly suppressing demand from mortgage-dependent buyers, contributing to subdued house price growth.
Download the free reportHighlights
GDP grew by 0.4% in July.
Inflation rose to 3.1% in August.
House price growth was 1.6% annually (Nationwide).
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