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London Homes Surge: 16% More for Sale!
16 Jan
Summary
- Homes for sale hit an eight-year high with 32 per agent.
- London leads the surge with a 16% increase in listings.
- Buyer demand is up 20% compared to early 2023.
The UK property market is experiencing an eight-year high in the number of homes available for sale, with estate agents now listing an average of 32 properties. This increase is significantly influenced by London, which has seen a remarkable 16% rise in homes put on the market over the past year. This surge in listings is attributed partly to market slowdowns at the end of 2025 due to property tax rumors, leading to more properties carrying over into the new year.
While increased supply benefits buyers by providing more choice and moderating price growth, it also suggests some sellers are finding it difficult to attract offers. Approximately one-third of current listings were previously on the market in 2025. Southern regions, including London and the South East (up 9%), were particularly affected by uncertainty surrounding potential tax changes like a mansion tax and capital gains tax alterations.
Despite a sluggish end to 2025, buyer demand has shown a notable rebound in early 2026, with inquiries up 20% compared to early 2023. Experts predict a modest 3% growth in UK house prices this year, driven by renewed interest and clarity on taxation. Potential buyers and sellers are advised to act strategically, with realistic pricing being crucial for sellers in the current competitive environment.
