UK Housing Transactions Rise 13% June Amid Market Recovery
UK Housing Transactions Rise 13% June Amid Market Recovery

UK Housing Transactions Rise 13% June Amid Market Recovery

News summary

Residential property transactions in the UK surged by 13% in June 2025 compared to May, reaching 93,530 completions, according to HMRC data. On a non-seasonally adjusted basis, transactions were 17% higher than May and 5% above June 2024 levels, signaling a recovery following the April stamp duty threshold changes. Experts attribute this rise to improving buyer confidence fueled by a more stable interest rate environment, increased mortgage approvals, and greater product flexibility from lenders, with expectations of further Bank of England rate cuts later in the year. The market shows steady demand and supply growth, particularly in mid to high-end segments and prime country homes, with geographic hotspots including Bury St Edmunds, Chichester, and Colchester. Despite a modest year-on-year increase of around 1%, industry voices caution that sustained activity depends on consistent policy and clear timelines. Overall, the data points to a housing market regaining momentum with residential sales on track to rise by 5% in 2025, supported by strong buyer interest and increased supply.

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