UK Residential Market Survey, July 2026 (published 07 September 2026).
Sales market indicators continue to edge up from recent lows although interest rate uncertainty remains a significant headwind
New buyer enquiries and agreed sales net balances turn less negative, but remain relatively weak
Aggregate house prices continue to drift slightly lower, although downward momentum appears to be moderating
Sentiment toward the near-term sales outlook stabilises, while expectations for the next twelve months remain marginally positive
The August 2026 RICS UK Residential Market Survey results continue to portray a relatively challenging backdrop, with activity indicators still in negative territory, albeit gradually moving off the lows recorded earlier in the year. At the same time, the macroeconomic environment remains difficult, with recent changes in interest rate expectations likely to prove unhelpful for any budding recovery across the sales market. Nevertheless, forward-looking sentiment points to a more stable picture emerging for activity in the near term, while respondents foresee a slight improvement in sales volumes over the year ahead.
What is the UK Residential Market Survey?
The UK Residential Market Survey is used by the government, the Bank of England and other key institutions, including the IMF, as an indicator of current and future conditions in UK residential sales and lettings. It is covered extensively in the media and is the leading source of market intelligence, highly regarded both by investors and across the industry.
Navah Consulting’s View
The market remains challenging, but there are clearer signs that conditions are beginning to stabilise. Buyer activity and agreed sales have improved from the lows seen earlier in the year, although purchasers remain cautious and highly price sensitive.
Across East Anglia and the South East, we consider realistic pricing to be increasingly important. Well-presented homes priced appropriately are still attracting buyers, while overpriced properties and those requiring significant works are likely to face longer marketing periods and greater negotiation. Overall, we expect the autumn market to improve modestly, but a meaningful recovery in values appears unlikely in the short term. At Navah Consulting, we continue to support buyers, sellers and investors with clear, independent advice through:
• RICS Home Survey Level 2 & Level 3
• RICS Red Book Valuations (sale, purchase, probate, shared ownership, Help to Buy)
• Reinstatement Cost Assessments
As RICS-qualified surveyors based in Bishop’s Stortford, we are well placed to assist clients across Hertfordshire, Essex, Cambridgeshire, London and the surrounding areas. Key areas include Bishop’s Stortford, Stansted Mountfitchet, Cambridge, Hertford, Harlow, Sawbridgeworth, Chelmsford and Saffron Walden.
If you are considering buying, selling or simply require professional guidance, please feel free to get in touch, our team will be happy to help.
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