Housing Insight Report: March 2026
Buyer activity and sales agreed picked up this month as the housing market entered the spring season, with increased stock levels giving consumers more choice despite ongoing affordability pressures. Meanwhile, the rental market remained highly competitive, as tenant demand continued to outstrip supply and concerns over future regulation weighed on landlord confidence.
Sales
1. The average number of viewings per available property in March 2026 jumped, compared to the previous month, to an average of 2.8 viewings.
2. On average, per member branch, there were around 10.1 homes placed for sale across March 2026 .
Lettings
1. In March 2026, 57% of member agents reported that rents remained generally static, with 15% reporting an overall fall and 28% reporting an increase.
2. The magnitude of member agents reporting problems with arrears increased slightly in March 2026 at 2.2%
Nathan Emerson – CEO Propertymark vomments:
“March was a month that delivered some encouraging signs across the housing market, with sales agreed, buyer registrations and viewing activity all moving in a positive direction as we entered the traditionally busier spring period. Although inflation remained above target and global economic pressures continued to influence sentiment, we saw many buyers adapting to current borrowing conditions and proceeding where pricing expectations were realistic.
“We also saw improved levels of stock entering the market, which was helping to provide consumers with greater choice and creating a more balanced environment in some areas. However, affordability pressures continued to weigh heavily for many households, particularly as mortgage rates remained sensitive to wider economic events.
“Within the lettings sector, demand continued to significantly outpace supply despite a modest uplift in available stock. Many agents were reporting ongoing concern from landlords surrounding future regulatory changes, which were influencing investment decisions and contributing to longer-term supply challenges. Ensuring a stable and sustainable private rented sector remains essential to supporting tenants and maintaining choice across the market.”
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