Published 30th September 2026

Executive summary

• House price inflation slows to 0.8% – the slowest for 2 years
• Highest mortgage rates in 3 years temper market activity
• Annual mortgage cost for an average buyer increases £1,800 compared to the start of the year
• The stock of homes for sale is up 5%, while sales agreed are 9% lower with these headline trends being seen across the country
• Affordability and buyer preferences shape very different trends between regions and property types
• There is still demand to buy homes, but buyers are selective
• House prices on track to be 0.5% higher with 1.1m sales over 2026

See our London House Price Index and detailed price metrics for 65 cities.