Market Update - June 2026

About this episode

Rob & Rob discuss the latest property market trends, including declining migration, slipping house prices, and the state of construction.

Net migration is down 48%, house prices are slipping, and construction has hit its lowest point since lockdown. Rob & Rob unpack the biggest property stories of the month - one where the mood and the opportunity couldn’t be further apart. (00:40) Why the rental market will feel the migration crash before house prices do (04:15) Interest rates are held, but the reason behind it isn’t exactly cheerful (05:11) House prices are finally catching up with sentiment, with the north-south gap getting starker (11:06) Mortgage rates are coming back down and lenders are cutting aggressively (13:05) Why the Government’s housing target is a fantasy (16:30) Rent growth’s cooling, so why are professional landlords planning to expand? (19:44) Hub Extra Links mentioned: ONS Net migration statistics Bank of England interest rates may not need to be increased Yubikey security key House prices: Nationwide’s House Price Index Halifax’s House Price Index Zoopla’s House Price Index Savills downgrades house fall Mortgages: Mainstream lenders extend cuts Planning and supply: Planning applications hit record low All three categories of construction work fall sharply Rents: ONS private rent and house prices…

People in this episode

Hosts: Rob Bence, Rob Dix

Topics covered

• market update
• house prices
• rental market
• interest rates
• construction
• government housing targets
• landlord strategies

Keywords

• net migration
• house prices
• interest rates
• rental market
• mortgage rates
• construction
• landlords

Mentioned in this episode

Organizations: ONS, Bank of England, Nationwide, Halifax, Zoopla, Savills, Property Hub

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