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Housing Market Update - May 2025

The May 2025 housing market update notes stalling house price growth and a continued slowdown in rental growth. Economic indicators are mixed, with positive GDP and inflation data offset by global uncertainty and subdued market activity.

Report summary

The report highlights a resilient supply of properties for sale, but buyer demand and enquiries are down, likely due to recent stamp duty changes and economic uncertainty. Regional price and rent data show significant variation, with some areas experiencing strong growth and others seeing declines. The document includes comprehensive statistics on mortgage approvals, transactions, and regional trends.

The outlook is cautious, with expectations of subdued growth and continued market volatility.

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