In November’s Residential Property Review – the UK housing market is showing cautious signs of recovery. Savills forecasts stronger price growth after 2026, while Nationwide and Bank of England data point to rising prices, firmer borrowing and improving approvals. HMRC also reports higher transactions as momentum builds.
Key takeaways
- HMRC reports rising property transactions, reflecting steady market resilience despite economic uncertainty and ongoing tax-related speculation
- Savills forecasts slow house price growth through 2026, accelerating sharply from 2027 as rates ease and economic stability improves
- Nationwide and Bank of England data show early recovery signals, with rising prices, stronger borrowing and increasing mortgage approvals