JUNE 2025 | PROPERTY MARKET REVIEW
The leading price indices showed that sales activity was unusually high in May and June. Rightmove, for example, reported that May saw the highest number of sales agreed in any month since March 2022. This is being supported by what the agency describes as a “decade-high level of homes for sale,” which is forcing sellers to adopt more realistic pricing.
Although an increase in supply is tending to slow the pace of price growth, demand is still robust, real-terms earnings are rising, and there is a broad expectation that mortgage interest costs will fall next quarter. Consequently, there are clear grounds for investor confidence. Global economic pressures continue to be a source of volatility but, in the UK, fundamental market forces are still supporting modest growth in capital and rental values, and excellent yields nationwide.
Darren Bennett
Managing Director
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