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Monthly property transactions down on one year ago – what does it mean for the housing market?

ended 09. January 2026

The provisional seasonally adjusted estimate of the number of UK residential transactions in October 2025 is 98,450, 2% lower than October 2024 and 2% higher than September 2025, government data showed.

This is the highest seasonally adjusted residential transaction figure since March 2025.

The provisional seasonally adjusted estimate of the number of UK non-residential transactions in October 2025 is 10,250, 29% lower than October 2024 and 4% higher than September 2025.

  • What does the data mean for the housing market in the UK?
  • Is this still showing the hesitancy in the market ahead of the Budget in November?
  • Do you expect data for December to show an uptick? And what are your predictions for 2026?

Responses asap please.

2 responses from the Newspage community

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Editor
Samuel Mather-Holgate
Managing Director & IFA at Mather and Murray Financial
Rachel Reeves delay and Hokey Cokey budget put the frighteners on the housing market. Sellers delayed and buyers retreated. Now we know there wasn’t much substance to her announcements it’s widely expected that transactions will take an up turn in December.
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Editor
Laura Purkess
Personal Finance Expert at Investing Insiders
The housing market is often shaky before a Budget, but it pretty much stalled ahead of the Autumn Budget last year amid rampant speculation around tax and rule changes. With the chancellor deciding to delay the Budget date to late November, the period impacted by that was extended in 2025. So, it's no surprise transactions were considerably down in October during the height of the rumour mill, with many households choosing to 'wait and see' before making any decisions.