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UK Property Sales Down 7.5% Year-on-Year, Listings Also Decline

UK home sales are 7.5% lower year-to-date compared to 2025, with new listings also showing a weekly decrease. Rental prices in October 2026 averaged £1,804 pcm.

  • 1.032 million UK homes sold subject to contract (STC) year-to-date, 7.5% lower than 2025.
  • New listings for the week ending October 28, 2026, were 27,500, down from 30,300 the previous week.
  • The average rent in October 2026 was £1,804 per calendar month.

UK home sales subject to contract (STC) have reached 1.032 million year-to-date, marking a 7.5% decrease compared to the same period in 2025. This figure is also 3.6% lower than 2024 year-to-date sales.

New property listings for the week ending October 28, 2026, totalled 27,500, a reduction from 30,300 the week prior. The year-to-date new listings stand at 1.529 million, which is 0.2% below 2025 figures.

In October 2026, 47,000 exchanges occurred, while 48,600 properties were withdrawn from the market. This means 49.2% of homes that left agents' books exchanged and completed, with the remaining 50.8% withdrawing unsold.

The average rent in October 2026 was £1,804 per calendar month. This is lower than the average rent of £1,880 pcm recorded in October 2025.

Why this matters: The data indicates a slowdown in the UK property market, with fewer homes being sold and listed compared to the previous year, and a significant proportion of properties being withdrawn from sale.

What this means for you: If you are selling a home, the data suggests a market where a higher proportion of properties are being withdrawn unsold, and reduced properties may experience more negotiation on price. If you are renting, average rents in October 2026 were lower than in October 2025.

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