UK Property Market – Week 14 2026: A Seasonal Dip… yet the market is still working

At first glance, the drop in sales agreed to 20,534 from week 13 might raise an eyebrow. That is down 12.3% on the week before. Yet look a little closer and it lines up almost perfectly with the Easter effect. Over the last three years, Easter week has seen an average drop of 12.1%. In other words, nothing unusual here.

Step back and the underlying market remains steady. Year to date, sales agreed are still running 5.6% ahead of 2024, which tells you demand is holding up. Supply also remains healthy. New listings came in at 32,229 for the week. That is lower than the previous week, yet still comfortably above the long term average of around 30,000 for this time of year. In fact, listings are 7.4% higher than 2024 year to date and 16.6% above the pre 2020 norm. That balance between supply and demand continues to define this market.

Now look at pricing.

The average UK rent for Week 14 sits at £1,684 per calendar month. That is slightly below the 2026 year to date average of £1,725 and notably down on the 2025 average of £1,835. There are early signs here that rental growth is easing, even if affordability remains stretched.

On the sales side, £ per square foot continues to edge upwards. March came in at £345.64 per square foot, up 2% year on year and 12.7% higher than March 2021. Buyers are still willing to pay, but only when the home stacks up.

And that leads us to the stat that really matters.

Just 52.6% of homes that left estate agents books in March actually sold, exchanged and completed. The other 47.4% withdrew unsold.

That is the market in a nutshell. It is not broken. It is not booming. It is selective. The right homes, priced correctly, are selling. The rest are not.

Even the monthly sold STC rate at 15.5% shows a market that is ticking along, slightly up on February and in line with the 2025 average.

And as always, these are national figures. When you drill down into your town, your city, even your street, you will find a patchwork of micro markets all behaving slightly differently.

The question is, which part of that market are you in?