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house price index

  • House prices jump as property market ‘treads water in rough conditions’

    Property

    House prices jumped by 0.7 per cent in April, in signs that the property market is “trading water in rough conditions” as the Iran war spikes mortgage rates. The average UK house price rose to £270,000 from March to April, marking 3.8 per cent year-on-year growth, according to new government statistics. But property experts have [...]

    The price paid for first homes has surged 7.1 per cent in a year
  • House price slump blamed on World Cup and heatwave

    Property

    House prices made a surprise drop in June because Brits are too busy watching the World Cup to move home, Rightmove has said.  The average UK house price dropped by 0.6 per cent to £376,191 this month, according to the property portal, marking the biggest June fall in 14 years.  Rightmove said this “unusual” slump [...]

    Soccer players competing in the World Cup, showcasing intense action on the field with a stadium full of cheering fans
  • House prices fall again as property market ‘deteriorates’

    Property

    House prices fell again in May as the mortgage rate hikes and surging energy bills caused by the Iran war continued to take their toll on the UK’s fragile property market. The UK’s average house price fell by 0.6 per cent to £278,024 in May, compared to 0.4 per cent growth in April, according to [...]

    The price paid for first homes has surged 7.1 per cent in a year
  • House prices rise in April as market proves ‘remarkable resilience’

    May 1, 2026

    House prices made a surprise jump in April, as the “remarkable resilience” of the UK’s housing market trumped the hit to consumer confidence caused by the Iran war. Annual house price growth in the UK climbed to three per cent last month, up from 2.2 per cent in March. National house prices grew by 0.4 [...]

  • House prices pick up but property outlook remains ‘clouded’

    March 31, 2026

    House prices picked up in March as the property market gained traction after a slow start to the year, though experts warn the Iran war could “cloud” this momentum. The UK’s house prices rose by 2.2 per cent year on year in March, up from one per cent growth in the year to February, as [...]

  • Housebuying demand falls as Iran war spikes mortgage rates

    March 30, 2026

    Housebuying demand has fallen as Brits take a “wait and see” approach after the Iran war spiked mortgage rates and prompted lenders to take hundreds of deals off the market. Buyer enquiries were 13 per cent lower in March than a year ago, as mortgage rates climbed by an average of 0.4 per cent over [...]

  • House prices rise as property market builds momentum

    March 6, 2026

    House prices grew 1.3 per cent year on year to February, in the strongest growth in four months, as the property market continues its steady start to the year.  Prices rose by 0.3 per cent between January and February, with the average UK property price at a new high of £301,151, according to Halifax’s house [...]

  • House price growth holds steady in February

    March 2, 2026

    House prices held steady in the year to February and rose slightly from last month, according to Nationwide’s house price index.  The average UK house price last month was £273,176, up 0.3 per cent from January, and annual price growth was unchanged at one per cent.  A continued improvement in affordability helped drive first-time buyers [...]

  • Gary’s Economics predictions are unravelling

    January 15, 2026

    The new year is a great time to check whether past predictions have stood the test of time. So I revisited the forecasts of one of London’s better-known economic sooth-sayers, Gary Stevenson, known to you and me as Gary’s Economics thanks to his viral Youtube channel. Two years ago, almost to the day, Gary released [...]

  • Housing market ended 2025 on ‘softer note’ after ‘resilient’ year

    January 2, 2026

    The UK housing market rounded off 2025 on a softer note after remaining “resilient” through a volatile year, according to Nationwide’s latest house price index. Annual house price growth slowed to 0.6 per cent in December from 1.8 per cent in November, with a 0.4 per cent fall in prices. This took the average UK [...]

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