5 Fact Friday – 7th August 2026

The 5 (12!) facts hitting the housing market hardest in the last 7 days.

5FF 7 August 2026

Asking prices drop unusually far for July, 5x bigger drop than average for the month
https://www.rightmove.co.uk/news/house-price-index/

Burnham confirms no change to Stamp Duty at next budget
https://youtu.be/1CGOTBipB58?is=oYmMNIKlmVEkHR1Q

Housing transactions sharply down 9% on last year in toughest sellers market for 18 years
Download the Zoopla House Price Index, July 2026 (PDF, 482kB)

Why proportional property taxes would cause a house price collapse (according to Jacob Rees-Mogg)
https://youtu.be/XCDf9NRsiug?is=oRy3YTMWkLj24utf

All In podcast on rent controls (final chapter)
https://podcasts.apple.com/gb/podcast/all-in-with-chamath-jason-sacks-friedberg/id1502871393?i=1000778249497

Overpriced homes take 4x longer to sell (and still don’t get any more money)
https://email.news-alerts.ft.com/c/eJxUkb1uGzEQhJ-G19Egl_8FCwWGANWx62C5u7QOse6UOyqK3z6wYxepZxbY7xvCIS_r9lZpXYYsY-JqhJIPk1Sbsi8BnE-TXHB-PXFtHpt13mg0VLTnQjobNjqH3GKhiOzLv_LT21XqvOwDlzGdK9nWc-7QbArdmo4tZA4NEvfusjXTXMFANAmC8Sb49FAInXepm9TBYzPKm0Xuu8ZX2cb-0McDrZfptZ7HuO7KHRQcFRzv9_tnpOD4yaTgCB4zci86W-O0983pApK1C0Z6LokJULkjy_5zrFflHsd2EwVxl5eLLOPEyj1yZicueh1sSRqMNG0TdQ3epewt25RRgbu89aHcYVnH3GfCMa-LcodPE_rDjXKHL93XbeUbjbrInzFt9SpDth9nYZ4HnZU353W8X3ywbvLrJvs4cUUw2RdiyaVBbF0_Pn_7ioW_y8JP8-W_AceGy470_s2JKwRIEYi0D9FpH3zXpaegHUWwhkyi6KbbLtvzbeYabCRbBHVDNu_tqHNn1hgLZVfQ9I7T7wp_AwAA__-nvLTG

Rightmove cuts revenue forecast mid year on back of collapsing new homes business volumes
https://www.perplexity.ai/page/rightmove-cuts-revenue-outlook-TlA3N655TKmwXlk9qmDyDg

Taylor Wimpey halved dividends citing longer than expected downturn in housing demand
https://www.perplexity.ai/page/taylor-wimpey-slashes-dividend-VHkVGMGdRDuSUzXkT8eadg

Autumn budget date set for 28 October but no major housing policy changes are expected at this stage.
https://www.perplexity.ai/page/chancellor-healey-sets-oct-28-tyYhHOgaS5uLpHJa6XNrjg

Richard Donnell from Zoopla posts on Stamp Duty – eye watering tax for FTBs in the South East and anyone selling to buy.
https://www.linkedin.com/posts/richard-donnell_housing-ukhousing-stampduty-share-7489236136125501440-xfy7/

Unsold new homes in London reach a record as buyers abandon leasehold
https://www.thisismoney.co.uk/money/mortgageshome/article-16026941/Sales-London-new-build-homes-drop-sharply-time-buyers-investors-buying.html

Job vacancies hit new low as Starmer and Reeves’ policies bite deeper into the life chances of the young.
https://www.perplexity.ai/page/uk-graduate-job-postings-hit-l-aQu_Z8jBR5WLIAOSmsW_rA

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