In response to the HMRC property transactions data published today which showed that on a seasonally adjusted estimate of the number of UK residential transactions in May 2026 is 98,450, 17% higher than May 2025 and 2% lower than April 2026, Nick Leeming, Chairman of Jackson-Stops, comments:
"Today’s HMRC figures showing an increase in housing transactions are an encouraging sign that activity is continuing to build, despite a market that remains shaped by affordability pressures and cautious buyer sentiment.
"Across the Jackson-Stops network, we saw both new listings and buyer viewings increase throughout May, reflecting growing confidence among those looking to move. While buyers remain selective and negotiations are taking longer than they have in recent years, there is clear evidence that underlying demand remains resilient where homes are priced appropriately and sellers are prepared to meet the market.
"We continue to see the greatest momentum in family and lifestyle markets, with upsizers driving a significant proportion of activity as households prioritise space, flexibility and long-term value. Although conditions remain more measured than during the post-pandemic market, today's figures suggest the market is gradually finding a more sustainable rhythm, underpinned by realistic pricing, improving supply and motivated buyers."
