Nationwide House Price Index for June 2025 – Thoughts from the Industry
Nationwide House Price Index for June 2025 shows
- House prices fell by -0.8% between May and June of this year.
- On an annual basis, the average house price increased by 2.1% although this rate of growth had slowed from 3.5% the previous month.
- As a result, the average UK house price now sits at £271,619.
Nathan Emerson, CEO at Propertymark:
“Despite the fact we have witnessed much economic turmoil in the first half of the year, it is highly encouraging to see stability within the housing market as house price growth softened in June. We still sit in a phase of inflation not quite being where the Bank of England ideally want it to be and we still have elevated base rates. Nonetheless, it remains encouraging that consumers are still approaching the buying and selling process with a firm degree of confidence.
“Across the year to date, we have seen the average number of properties per member branch hold absolutely steady, and this year’s number represent a figure that is almost 20 per cent higher that the same period twelve months earlier.”
Foxtons CEO, Guy Gittins:
“Despite a marginal reduction in the monthly and quarterly rates of house price growth, today’s Nationwide figures continue to illustrate the positivity in the market as, when taking a long-term view of market health on an annual basis, house prices remain higher than they were this time last year.
We’ve already seen a heightened degree of activity over the first six months of the year and it’s only a matter of time before this stimulates further positive house price growth. As we head into the summer months, our expectation is that market activity will continue to strengthen, which stands us in very good stead come the end of the year.”
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