WS News
01 Oct 2026, 10:23
UK House Prices Fall in September as Manufacturing Growth Remains Modest
UK house prices weakened in September, with the Nationwide House Price Index falling 0.2% month over month after rising 0.2% previously. Economists had expected prices to remain unchanged.
On an annual basis, house-price growth slowed to 0.8% from 1.6%, also missing the 1.3% consensus. The figures suggest that momentum in the UK housing market softened during the month.
Manufacturing activity, meanwhile, remained in expansion territory. The S&P Global Manufacturing PMI rose to 51.9 in September from 51.7, though it came in just below the 52.0 forecast.
Overall, the data present a mixed picture for the UK economy. Manufacturing continues to expand modestly, while the housing market shows signs of renewed weakness. For markets, softer house-price growth may reinforce expectations of subdued domestic demand, while the PMI reading suggests the industrial sector is still avoiding contraction.
UK house prices weakened in September, with the Nationwide House Price Index falling 0.2% month over month after rising 0.2% previously. Economists had expected prices to remain unchanged.
On an annual basis, house-price growth slowed to 0.8% from 1.6%, also missing the 1.3% consensus. The figures suggest that momentum in the UK housing market softened during the month.
Manufacturing activity, meanwhile, remained in expansion territory. The S&P Global Manufacturing PMI rose to 51.9 in September from 51.7, though it came in just below the 52.0 forecast.
Overall, the data present a mixed picture for the UK economy. Manufacturing continues to expand modestly, while the housing market shows signs of renewed weakness. For markets, softer house-price growth may reinforce expectations of subdued domestic demand, while the PMI reading suggests the industrial sector is still avoiding contraction.
