The Aporia
Shaw, V. (2026, October 7). ‘Fresh headwind’ for housing market as buyers become more cautious. Evening Standard. https://www.standard.co.uk/news/politics/royal-institution-of-chartered-surveyors-scotland-london-england-northern-ireland-b1299957.html
Shaw, Vicky. “‘Fresh headwind’ for housing market as buyers become more cautious.” Evening Standard, 7 Oct. 2026, https://www.standard.co.uk/news/politics/royal-institution-of-chartered-surveyors-scotland-london-england-northern-ireland-b1299957.html.
Shaw, Vicky. “‘Fresh headwind’ for housing market as buyers become more cautious.” Evening Standard, October 7, 2026. https://www.standard.co.uk/news/politics/royal-institution-of-chartered-surveyors-scotland-london-england-northern-ireland-b1299957.html.
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In September, UK home buyer demand weakened due to higher interest rate expectations, according to a survey of property professionals. This was the first month since March where buyer inquiries fell, with a net balance of 18% of professionals seeing fewer inquiries compared to August, when it was 16%. Sales also declined slightly, with a net balance of 18% of professionals reporting a decrease in agreed sales, up from 16% previously. The supply of new homes on the market improved for the first time since mid-2025, with a net balance of 6% seeing an increase in instructions from home sellers. However, house prices continued to face downward pressure, with a net balance of 32% of professionals expecting price falls, up from 28% in August. Looking ahead, a net balance of 24% expect house prices to fall rather than rise over the next three months, though this outlook improves for the year ahead where expectations are balanced at zero.