Data for May 2026 indicates a rise in available properties for sale across the UK, reaching an average of 44 per branch. This marks a slight increase from 43 properties per branch in April.
Conversely, the rental market saw a further contraction in supply, with an average of 12.09 rental properties per branch, down from 12.65 in April. This decline occurred as tenant registrations increased, leading to an average of eight applicants competing for each available rental property.
In the sales market, prospective buyer registrations fell to 64 per branch in May, down from 78 in April. The data also shows that 84% of properties sold below their asking price during the month.
Nathan Emerson, Chief Executive of Propertymark, noted that the figures demonstrate a resilient housing market despite economic uncertainty. He added that affordability remains a significant challenge for many households.