The latest Sales Market Intelligence Report from Sprift confirms what many agents have quietly suspected through the summer: sellers are returning to the market faster than buyers can absorb them. New listings across Great Britain climbed 2.6% year-on-year to 209,941 in July 2026, while sales agreed rose by a comparatively modest 1.1%. The result is a national conversion rate — the proportion of listings converting into agreed sales — that has slipped 0.8 percentage points to 54.6%. On its own, that figure sounds like statistical noise. In the context of a market that has spent three years oscillating between undersupply and overcorrection, it is a meaningful signal.