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Estate agency signs outside houses on Cathedral Road, Cardiff

HMRC transactions steady but recent mortgage data ‘could spell trouble ahead’

HMRC’s latest property transaction figures remain stable despite ongoing economic uncertainty, but recent data suggests the sector could see a more challenging market in the second half of the year, commentators warn. HMRC’s May numbers show seasonally adjusted residential transactions are 2% lower in May than April, falling from 100,440 to 98,450. Comparisons with 2025 are favourable, with a 17%

Estate agency signs outside houses on Cathedral Road, Cardiff

HMRC transactions steady but recent mortgage data ‘could spell trouble ahead’

HMRC’s latest property transaction figures remain stable despite ongoing economic uncertainty, but recent data suggests the sector could see a more challenging market in the second half of the year, commentators warn. HMRC’s May numbers show seasonally adjusted residential transactions are 2% lower in May than April, falling from 100,440 to 98,450. Comparisons with 2025 are favourable, with a 17%

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