UK's Zoopla says house buyer demand has risen since November budget

Reuters
2026.01.29 00:01
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Britain's housing market is recovering post-November budget, with Zoopla reporting a rise in buyer demand in early 2026, similar to early 2024 but 9% below early 2025 levels. Mortgage rates have decreased, boosting buyer confidence. Average house prices increased by 1.2% over the past year, with significant regional variations. Other indicators suggest stronger economic growth, despite tax rises announced in the budget. Zoopla's Executive Director noted that delayed buyers are returning to the market as conditions improve.