{"id":802305,"date":"2026-10-14T12:27:49","date_gmt":"2026-10-14T12:27:49","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/802305\/"},"modified":"2026-10-14T12:27:49","modified_gmt":"2026-10-14T12:27:49","slug":"evidence-grows-of-weaker-homebuyer-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/802305\/","title":{"rendered":"Evidence grows of weaker homebuyer demand"},"content":{"rendered":"

\"Adam<\/p>\n

Evidence of falling homebuyer demand is growing ahead of the Budget later this month.<\/p>\n

The latest sales data from EXP UK has revealed that demand in England slipped by 1.6% in the three months from July to September.<\/p>\n

The analysis found that just five counties managed positive growth during the quarter, suggesting that buyers may be holding back.<\/p>\n

Weakened<\/p>\n

Only last week the latest RICS survey reported that the net balance of new buyer enquiries fell -22% in September, from -18% in August, marking the first month since March where the indicator weakened.<\/p>\n

The latest figures from EXP<\/a> show that overall sales demand stood at 39.8%, down 1.6% compared to the second quarter, and an annual drop of 3.8%. It also follows a previous quarterly drop of 1.1% between the first quarter and second quarter.<\/p>\n

There\u2019s certainly an element of buyers adopting a wait-and-see approach.\u201d<\/p>\n

Adam Day, Head of EXP UK and Europe (pictured), says: \u201cThere\u2019s certainly an element of buyers adopting a wait-and-see approach ahead of the Autumn Budget, but the widespread decline in demand suggests that this isn\u2019t the only factor at play.<\/p>\n

\u201cAffordability remains a challenge for many buyers and, while there is still a healthy level of activity across much of the market, it\u2019s clear that some households need greater confidence before committing to a purchase.<\/p>\n

Encouraging news<\/p>\n

\u201cThe encouraging news is that the Government appears set to make the property market a key focus of the upcoming Budget, and this presents a real opportunity to inject some much-needed momentum into the sector.\u201d<\/p>\n

Demand on the Isle of Wight grew by 2.4% to sit at 28.4%, while the City of London by 2.3%, Rutland by 1.8%, Oxfordshire by 0.3%, and Dorset by 0.2% also recorded quarterly rises.<\/p>\n

Meanwhile, the biggest quarterly drops were recorded in Warwickshire 3.6%, Bristol by 3.5%, Kent by 2.8%, Leicestershire by 2.7%, Berkshire by 2.5%, and West Midlands County by 2.5%.<\/p>\n

\t\t\t
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