The UK housing market is showing signs of recovery, as a report from property website Zoopla indicates that the number of homes being listed for sale has increased by 6% compared to the previous year. This surge in listings suggests a growing confidence among sellers, potentially marking this February as the most active month for new listings in a decade. The report comes on the heels of encouraging insights from the Royal Institution of Chartered Surveyors (RICS), which noted ‘tentative signs’ that the housing sector may be stabilizing after a period of challenges, especially leading to the November 2025 budget.

In terms of market performance, two leading mortgage lenders have reported that average house prices increased in January, with Halifax noting a 0.7% rise, while Nationwide recorded a smaller increase of 0.3%. This upward trend in house prices reflects a shift in market dynamics coinciding with the influx of new properties. Additionally, data from Moneyfacts revealed that first-time buyers currently have access to the largest variety of low-deposit mortgage options seen in nearly two decades, further facilitating the purchasing capability of new buyers entering the market.

Overall, these developments signal a potential turning point for the UK housing market, showing a ‘strong rebound’ as reported by Zoopla. The optimism surrounding this revival could lead to a more robust housing sector moving forward, as both sellers and buyers become more active in the marketplace, potentially stabilizing property values and enhancing market liquidity in the coming months.