Phoebus Software reacts to latest property transaction data
29 May 2026
Richard Pike, Sales & Marketing Director at Phoebus Software:
“Today’s transaction data reflects decisions made earlier in the year when market activity was stronger and before the impact of the ongoing crisis in the Middle East.
“However, while these figures show that buyer demand has fallen, the underlying market remains resilient. There are early signs that affordability pressures are beginning to ease as economic conditions stabilise, which should help support a gradual pickup in activity as we move into the summer months.
“That said, the outlook remains finely balanced. Lenders will need to stay alert to emerging risks, ensuring they have robust servicing and monitoring capabilities in place to identify signs of stress early and support customers effectively if arrears begin to rise.”
