Annual house price growth slows in June
The latest Nationwide House Price Index for June 2026 shows that:
- House prices fell by -0.0% between May 2026 and June 2026.
- Annual house price growth increased to 2.2% in June 2026, up from 1.7% in May 2026.
- The average UK house price for June 2026 now stands at £277,484, down slightly from £278,024 in May 2026.
Industry reaction:
Marc von Grundherr, Director of Benham and Reeves
“Flat house prices aren’t enough to suggest the market is losing momentum. Housing has never moved in a straight line and short-term fluctuations are part and parcel of a healthy market. It’s the long-term trends that tell stories, and in this case annual house price growth has edged higher.
The buyers we’re seeing aren’t being put off by marginal price movements. They’re focused on finding the right home, and with mortgage affordability continuing to improve, the appetite to move remains firmly intact.
If anything, a modest correction can help keep the market moving by giving buyers greater confidence to commit, rather than signalling the start of a broader downturn.”
Verona Frankish, CEO of Yopa
“Prices remaining essentially unmoved on the month is definitely not a sign that buyer demand has dropped off. The market remains active and realistically priced homes are continuing to attract plenty of interest. A little more breathing space on pricing could even encourage more buyers to take the plunge, helping to keep transactions moving over the months ahead. And the annual increase also shows that over the long-term, the market is still in a good position.”
Chris Hodgkinson, Managing Director of House Buyer Bureau
“Sellers don’t need to panic, but flat values do make realistic pricing and certainty more important than ever. In any market, buyers remain active for homes that represent good value, while overpriced properties are often the ones left sitting unsold.
For sellers who need to move quickly, speed and security can be worth far more than holding out in the hope of squeezing out a marginally higher offer. In today’s market, a guaranteed sale is often the biggest advantage of all.”
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