UK housing market shows modest signs of stabilization in June survey

A survey of property professionals found the rate of decline in new buyer inquiries slowed in June compared with the prior two months. A net balance of 29 percent reported inquiries falling rather than rising, an improvement from 34 percent in the previous readings.

The volume of newly agreed sales also declined at a marginally slower pace. A net balance of 32 percent of respondents recorded fewer sales, down from 35 percent in the prior period.

Price and supply trends House prices continued to fall, though the proportion reporting declines eased slightly to a net balance of 33 percent. The South East and South West of England recorded more negative price readings than the national average, while Northern Ireland and Scotland remained more positive.

The number of new homes coming onto the market tightened further. A net balance of 23 percent of professionals reported fewer instructions to sell, the weakest reading in more than a year.

Outlook and rental sector Over the next 12 months, a net balance of 1 percent of respondents expect sales to rise and a net balance of 8 percent expect prices to increase. Both figures represent modest improvements from earlier readings. In the rental market, tenant demand rose to its strongest level since May 2025, with a net balance of 18 percent reporting an increase.

Landlord instructions remained negative at the same balance, pointing to continued supply constraints. Projected rental growth over the next 12 months stands at around 2.5 percent.