Propertymark’s Housing Insight Report covering June 2025 showed the average UK house price was £290,395.
Sales volumes were lower than in May 2024, while buyer registrations remained steady at 74 per branch.
Members saw an average of 10.3 sales, up slightly in May, with 39% of transactions taking over 17 weeks to exchange.
This was an improvement on the 2022 peak of 41%.
Average rents stood at £1,399 in England, £999 in Scotland, and £804 in Wales, representing a 6.7% yearly rise and a 0.3% monthly increase.
Tenant demand fell, with 57 new registrations per branch, while available rental stock dropped to 9.75 per branch.
Member branches agreed an average of 10.23 new tenancies, and 56% of agents said rents stayed static.
There were around six applicants for each available property in June.
Valuation activity slipped to 21 per branch.
Nathan Emerson, CEO at Propertymark, said: “Some regions are reporting robust levels of activity in the sales market, which is especially positive considering the continued economic turbulence being witnessed.
“However, with strides being made by numerous lenders in bringing improved mortgage products to the market, this could help boost affordability and inspire further market uplift over the coming months on a wider scale.
“In the lettings sector, there appears to be little fluctuation in outlook in the short to medium term, with demand continuing to significantly outstrip the supply of available rental properties.”
Emerson added: “This trend could worsen, not only due to a lack of support for landlords to invest in the sector—ultimately pushing rent levels higher across many regions—but also because tenants might now choose to stay put for longer, given the uncertainty and difficulty in finding a new home.”
