The UK Nationwide House Price Index rose 1.8% year-on-year in July 2026, slowing from a 2.2% increase in June and coming in slightly below market expectations of a 1.9% gain. Nationwide Chief Economist Robert Gardner said renewed geopolitical tensions, particularly the conflict involving Iran and the US, have pushed up energy prices and contributed to volatility in market interest rate expectations. However, he noted that easing consumer inflation and moderating wage growth have given the Bank of England greater scope to assess whether further policy tightening is needed to return inflation to target. Gardner also highlighted that the latest housing survey showed the average length of residence has remained broadly stable at around 14 years, with outright homeowners staying in the same property for nearly 24 years on average, while private renters typically remain in a home for around five years. On a monthly basis, house prices edged up 0.1%, following a flat reading in June. source: Nationwide Building Society, United Kingdom

Nationwide Housing Prices YoY in the United Kingdom decreased to 1.80 percent in July from 2.20 percent in June of 2026. Nationwide Housing Prices YoY in the United Kingdom averaged 5.07 percent from 1992 until 2026, reaching an all time high of 26.50 percent in January of 2003 and a record low of -17.60 percent in February of 2009. This page includes a chart with historical data for the United Kingdom Nationwide Housing Prices YoY. United Kingdom Nationwide Housing Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Nationwide Housing Prices YoY in the United Kingdom decreased to 1.80 percent in July from 2.20 percent in June of 2026. Nationwide Housing Prices YoY in the United Kingdom is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Nationwide Housing Prices YoY is projected to trend around 4.50 percent in 2027 and 5.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-01 06:00 AM
Nationwide Housing Prices YoY
Jun 2.2% 1.7% 2.4% 2.2%
2026-07-31 06:00 AM
Nationwide Housing Prices YoY
Jul 1.8% 2.2% 1.9% 2.0%
2026-08-28 06:00 AM
Nationwide Housing Prices YoY
Aug 1.8%


Related Last Previous Unit Reference
Average House Prices 299330.00 298812.00 GBP Jun 2026
Construction Orders YoY -11.90 28.10 percent Mar 2026
Construction Output YoY -1.80 -1.60 percent May 2026
Mortgage Lending 7727.00 3269.00 GBP Million Jun 2026
Home Ownership Rate 64.50 64.70 percent Dec 2023
Lloyds House Price Index MoM 0.20 -0.20 percent Jun 2026
Lloyds House Price Index YoY 0.60 0.50 percent Jun 2026
Housing Index 516.20 515.30 points Jun 2026
Housing Starts 33960.00 37230.00 units Mar 2026
Mortgage Approvals 58.20 56.57 Thousand Jun 2026
BBA Mortgage Rate 6.60 6.60 percent Jun 2026
Nationwide Housing Prices 553.70 553.60 points Jul 2026
Nationwide Housing Prices MoM 0.10 0.00 percent Jul 2026
Nationwide Housing Prices YoY 1.80 2.20 percent Jul 2026
Price to Rent Ratio 110.71 111.09 Dec 2025
Private Rental Prices YoY 3.30 3.30 percent Jun 2026
Residential Property Prices 0.88 2.27 Percent Mar 2026
RICS House Price Balance -33.00 -34.00 percent Jun 2026


United Kingdom Nationwide Housing Prices YoY
The Nationwide house price index is an indicator of trends in UK house prices. The index is calculated based on owner occupier house purchase transactions involving a mortgage. Buy to let and cash purchases are not included.
Actual Previous Highest Lowest Dates Unit Frequency
1.80 2.20 26.50 -17.60 1992 - 2026 percent Monthly
NSA

News Stream
UK House Price Growth Slows in July
The UK Nationwide House Price Index rose 1.8% year-on-year in July 2026, slowing from a 2.2% increase in June and coming in slightly below market expectations of a 1.9% gain. Nationwide Chief Economist Robert Gardner said renewed geopolitical tensions, particularly the conflict involving Iran and the US, have pushed up energy prices and contributed to volatility in market interest rate expectations. However, he noted that easing consumer inflation and moderating wage growth have given the Bank of England greater scope to assess whether further policy tightening is needed to return inflation to target. Gardner also highlighted that the latest housing survey showed the average length of residence has remained broadly stable at around 14 years, with outright homeowners staying in the same property for nearly 24 years on average, while private renters typically remain in a home for around five years. On a monthly basis, house prices edged up 0.1%, following a flat reading in June.
2026-07-31
UK House Price Growth Accelerates in June
The UK Nationwide House Price Index rose 2.2% year-on-year in June 2026, missing market expectations of 2.4% but accelerating from a 1.7% increase in May. Nationwide Chief Economist Robert Gardner said that easing geopolitical tensions and lower-than-expected inflation have strengthened expectations that the Bank of England may not need to raise interest rates, or at least by less than had previously been anticipated. He also noted that the decline in market interest rates underpinning fixed-rate mortgage pricing has already begun to improve affordability conditions. Gardner added that, if sustained, these trends should help restore household confidence and support a recovery in housing market activity in the coming quarters. Regionally, Northern Ireland remained the strongest-performing area in the second quarter, with house prices 8.6% higher than a year earlier. On a monthly basis, house prices showed a flat reading, in line with forecasts, following a 0.6% rise in May.
2026-07-01
UK House Price Growth Slows in May
The UK Nationwide House Price Index rose 1.7% year-on-year in May 2026, easing from a 3.0% increase in April and marking the softest growth in three months. Compared to April, house prices dropped 0.6%, the first decline in five months, following a 0.4% gain, and exceeding expectations for a 0.1% fall. Nationwide Chief Economist Robert Gardner said the slowdown was partly driven by heightened uncertainty stemming from developments in the Middle East, which pushed up energy prices and market interest rates while weighing on consumer confidence and housing demand. Despite the softer momentum, he noted that the UK economy entered the shock on a stronger footing, supported by solid first-quarter growth and easing inflation. Gardner added that household finances remain relatively healthy, backed by low debt levels, sizable savings buffers and improving affordability, suggesting any housing market weakness could prove temporary if energy prices stabilize and geopolitical tensions ease.
2026-06-01