RICS: UK Housing Market Shows Early Recovery Signs Amid Political Uncertainty

The UK housing market shows tentative recovery, with RICS reporting less negative sentiment and stabilizing house prices (-10% net balance). Despite subdued activity, a gradual recuperation is expected, though political uncertainty and mortgage rates remain key influences.

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UK Housing Market Shows Tentative Recovery

The housing market is showing tentative indications that it might be turning a corner with sentiment around sales and home prices coming to be less negative, according to the Royal Establishment of Chartered Surveyors (RICS).

Wishes for house price development at a national level seem stabilising. The net balance for rate growth over the past 3 months stood at -10%, improving gradually from a reduced of -19% in October 2025.

Economists Weigh In on Market Challenges

Simon Rubinsohn, primary economist for RICS, stated: “There are early indicators that market problems may be boosting after a challenging duration, although task degrees are still subdued, meaning any recuperation is most likely to be progressive.

Marc Shoffman is an acclaimed freelance journalist specialising in company, individual financing and residential property. His work has actually appeared in print and on-line magazines ranging from feet Business to The Times, Mail on Sunday and the i paper. He also co-presents the In For A Dime monetary preparation podcast.

“However, purchasers and sellers are once again operating against the unsettling backdrop of a prime minister on borrowed time. A leadership difficulty is most likely to thwart belief in the short-term but need in the longer-term will certainly be formed by the economic policy platform of any new head of state and whether dropping rising cost of living can drag down home loan prices with it.”

Tom Expense, head of UK property research study at Knight Frank, stated: “Plans postpone by the Budget plan were triggered either side of Christmas, which created positive demand signals in the very early weeks of the year.