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The Residential Property Market in September 2026: The Numbers

The residential property market entering September 2026 is not collapsing, but neither is it enjoying a meaningful recovery. It is a market with plenty of stock, cautious buyers and increasingly realistic sellers. Prices are broadly flat, transaction levels remain respectable and buyer interest is showing tentative signs of improvement. But homes for sale are plentiful, mortgage rates remain elevated and buyers have considerably more negotiating power than they did a few years ago. For sellers, pricing correctly from the outset matters. For buyers, choice has returned. And for both, the growing problem is not necessarily agreeing a transaction. It is getting that transaction through to completion. Here is what the latest published data actually tells us. The data Prices are broadly flat. Nationwide reported on 1 September that the average UK house price stood at £275,465 in August, with annual growth of 1.6 per cent, up from 1.4 per cent in July. On a seasonally adjusted basis p...

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