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UK Housing Market Stabilizes Amidst Budget Speculation

12/24/2025

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Summary

Story summary

The UK housing market shows signs of recovery after uncertainty from Budget speculation, as prices fell only 0.1% from September to October.
Interest rate cuts and the absence of new property taxes could boost market confidence in 2026.
Forecasts remain modest, with predicted growth ranging from 1.5% to 4%.
London displays a two-speed market, with prime borough losses and the average price dropping to £547,000.

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Story summary

The UK housing market shows signs of recovery after uncertainty from Budget speculation, as prices fell only 0.1% from September to October.
Interest rate cuts and the absence of new property taxes could boost market confidence in 2026.
Forecasts remain modest, with predicted growth ranging from 1.5% to 4%.
London displays a two-speed market, with prime borough losses and the average price dropping to £547,000.