More Estate Agents Are Reporting Falling House Prices, RICS Says
6 Articles
6 Articles
House prices fall for sixth month but signs of stability emerge
Average house prices in England and Wales dropped by 0.6% in July 2025, marking the sixth consecutive monthly fall, according to the latest House Price Index from e.surv and Acadata. At £353,300, prices are now 2.2% lower than a year ago, with the market still adjusting following April’s stamp duty changes and a rise in vendor listings. Despite the ongoing decline, HMRC data shows transaction activity began to pick up in June, and the Bank of En…
UK housing market struggling despite low interest rates
Affordability challenges are dragging on the UK housing market, property professionals warned, despite mortgage rates falling to their lowest levels since the Liz Truss "mini-Budget", writes David Connett. The influential UK Residential Survey by the Royal Institution of Chartered Surveyors (Rics) said tentative signs of recovery seen earlier this year have become uncertain. It said new buyer enquiries fell in July with weaker demand trends repo…
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