Global Finance News
31 Jul 2026, 09:01
UK House Price Growth Slows as Nationwide Index Misses Expectations
The UK housing market showed signs of cooling in July as annual house price growth slowed more than expected, suggesting higher borrowing costs and affordability pressures continue to weigh on property demand.
According to Nationwide, house prices rose 0.1% month over month in July, matching market expectations and improving from a flat reading in June. However, annual house price growth slowed to 1.8%, below economists' expectations of 1.9% and down from 2.2% in June.
The UK housing market showed signs of cooling in July as annual house price growth slowed more than expected, suggesting higher borrowing costs and affordability pressures continue to weigh on property demand.
According to Nationwide, house prices rose 0.1% month over month in July, matching market expectations and improving from a flat reading in June. However, annual house price growth slowed to 1.8%, below economists' expectations of 1.9% and down from 2.2% in June.
