House sales in October were 2% down compared with the same month a year earlier, HM Revenue and Customs ( HMRC ) figures show.

Across the UK, approximately 98,450 home sales took place in October 2025, representing a 2% decline from October 2024 but a 2% rise from September 2025. Industry experts are optimistic about the housing market moving forward, as Chancellor Rachel Reeves's Autumn Budget "didn't deliver the major blow" for homeowners that most were expecting. Unveiling the Budget on Wednesday, Ms Reeves announced a new high-value council tax surcharge in England on properties exceeding £2 million from April 2028.

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