UK property asking prices remain stable following significant post budget increase

UK home asking prices held steady this month after a record jump in January. Rightmove notes that the supply of homes for sale is at an eleven-year high.

Insights:
Rightmove plc reported that asking prices for homes in the United Kingdom GBGB were unchanged in the four weeks to February 7, 2026. This development signals a halt to the rapid monthly price rise observed in early January and highlights the current supply and demand balance in the national housing market. The pause in price growth follows a post-budget relief rally that had driven significant momentum in the preceding weeks.
A view of residential houses in London, Britain, January 23, 2025. REUTERS/Hannah McKay
A view of residential houses in London, Britain, January 23, 2025. REUTERS/Hannah McKay
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