UK Property Transactions Rise 13% in June – Signs of Market Stabilisation Emerging

A significant rise in residential property transactions this June suggests the housing market may be settling into a more stable rhythm. According to the latest HMRC figures, 93,530 homes were sold in June 2025 — a 13% increase from May, and 1% higher year-on-year. Experts say the growth reflects improving buyer sentiment following recent changes to stamp duty and softening mortgage criteria. While caution remains, the data indicates real signs of recovery.

The UK property market saw a notable lift in June, with 93,530 completed residential sales, up 13% month-on-month, according to HM Revenue & Customs. The figure was also 1% higher than June 2024, suggesting steady year-on-year progress. Analysts point to a more balanced market following April’s stamp duty threshold adjustments, which caused an initial rush, followed by a slowdown. Now, as completions begin to pick up again, market watchers say improved affordability and greater supply are encouraging more buyers to return — even in regions that saw sharp cooling earlier this year.

Nick Leeming, chairman of Jackson-Stops, noted that while March’s buying frenzy may not be repeated, completions are progressing at a healthy pace, supported by an increase in both demand and supply. He warned, however, that regional variations still impact transaction timelines. Nathan Emerson, chief executive at Propertymark, called the June uptick a positive sign of progression, especially in the wake of tax policy changes that briefly slowed the market. He added that more stability is returning as buyers adjust to the new norms.