Propertymark’s latest housing insight report reveals that in October 2025, member branches reported an average of 59 new prospective buyers registered per branch, showing a slight dip compared with previous months. Despite this, the average number of sales agreed per branch saw a small increase, rising to 7.8.
On the supply side, around 8.4 homes were placed for sale per branch during the month, while market appraisals averaged 19 per branch.
Meanwhile, the lettings market showed continued stability in October. The proportion of member agents reporting issues with arrears decreased to 1.7%, the lowest level since October 2022.
The average number of new tenancies agreed per branch was 13.26, with the average void period reported at 3.4 weeks. In terms of rental trends, 52% of member agents indicated that rents remained generally static, 30% reported a fall, and 17% observed increases.
Overall, October 2025 showed a mixed picture for member branches, with sales and lettings activity remaining steady while arrears continued to fall.
Nathan Emerson, CEO Propertymark, said: “These latest figures present a broadly encouraging picture as we move through the final quarter of 2025. While the number of new prospective buyers per branch dipped slightly in October, sales activity has held firm, with agreed sales edging up to an average of 7.8 per branch. This demonstrates that serious buyers remain committed and that well-priced, well-presented homes are continuing to attract strong interest.
“On the lettings side, it is particularly positive to see arrears reported at their lowest level since October 2022. This signals growing stability and resilience within the rental sector, even against a backdrop of long-term supply challenges. With more than half of agents reporting static rents and nearly a third observing modest declines, the data suggests the rental market may be beginning to find a more sustainable balance.
“Overall, these trends point to a market that is settling, strengthening, and gradually moving into a more predictable rhythm which is welcome news for agents, landlords, and consumers alike.”