Tuesday, January 13, 2026 at 7:46 AM
UK house prices are projected to rise by 1.5% in 2026, with Scotland and Northern England expected to see the strongest growth, while London and Southern England are likely to lag behind.
Average asking prices rose 2.8%, according to Rightmove data, suggesting market sentiment is rebounding following the volatility sparked by the U.K. budget.
Home sales rose 5.1% in December for the biggest gain in nearly two years, although 2025 as a whole still ranks as one of the worst sales slumps in decades.
The annual rate of inflation is likely to fall to the Bank of England’s 2% target by the middle of this year, aided by cheap imports from China, the rate-setter said.
Sales edged down to 737,000 in October last year, from 738,000 in September, but up from a downwardly revised 711,000 in August.
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