UK Property Market .. Week 9 of 2026

UK Property Market .. Week 9 of 2026

If Week 8 suggested the market was active, Week 9 confirms it. The gears are still turning, but the gap between success and frustration remains surprisingly narrow.

A total of 40,227 homes came onto the market last week, up from 38,577 in Week 8 and well above the long term Week 9 average of 35.3k. New supply is clearly building as we move further into the spring market, giving buyers increasing choice.

Yet demand is still keeping pace.

25,603 homes sold subject to contract last week, only slightly below the 26,620 agreed in Week 8, and still comfortably ahead of the ten year seasonal norm of 25.9k. In other words, buyers are still very much in the game.

Year to date, sales agreed are now 9.1% ahead of 2024, which continues to point towards a stronger transaction year than many predicted at the start of 2026.

On pricing, the market remains steady rather than spectacular.
Across February, homes agreed averaged £343.36 per square foot, 2.1% higher than February last year and 18.4% higher than January 2021. That tells us prices are still edging forward, just without the dramatic leaps seen in previous cycles.

Meanwhile, the rental market appears to be cooling slightly. The average UK rent currently sits at £1,727 per month, below the £1,835 monthly average across 2025, suggesting the surge in rents seen over the past few years may be starting to level off.

But step back from the individual numbers and one statistic continues to frame the entire market.

Only 52.5% of homes that leave estate agents’ books actually sell and complete.

In other words, almost one in every two homes fails to sell.

Which brings us back to the same uncomfortable truth.

In today’s property market, success is not about luck, timing or even marketing.

It comes down to one thing… Getting the price right.