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UK housing market slowed in early 2026 due to weak buyer sentiment, rising rates, and global instability.
Britain's housing market slowed in early 2026 as buyer sentiment weakened, with new enquiries falling to a net balance of -26 in February, the lowest since December, according to RICS.
The decline coincided with escalating Middle East conflict, rising energy prices, and fears of prolonged high mortgage rates.
House price expectations dropped to -12%, sales activity weakened, and near-term sales outlook turned negative.
Despite a year-on-year price rise of 1.3% in February, ongoing supply shortages and geopolitical uncertainty are dampening confidence, with agents citing global instability as a key drag on market momentum.
El mercado inmobiliario del Reino Unido se desaceleró a principios de 2026 debido al débil sentimiento de los compradores, al aumento de las tasas y a la inestabilidad global.