Sales Market:

• The market has seemed to welcome the certainty post-Budget. 

• Year on year, transactions improve in November – There were 5.6% more transactions in November than a year earlier.

• High stock on the market – The stock of available homes for sale at the end of November was 8.7% higher than a year earlier but has fallen back from recent highs.

Lettings Market:

• Activity across the prime London lettings market was broadly steady in November.

• Slight increase in annual rental growth  – Annual rental growth of 0.7% was recorded in November across prime London, the lowest figure
  since July 2021.
  

• Lets agreed and new instructions both increase – LonRes data for November indicated an annual increase of 7.9% in lets agreed and a 6.1% rise in
  new instructions.

Get all the insights and download the December 2025 report below: