# UK housing price slowdown 2025‑2026 > Live situation record from CLSTR: https://clstr.news/situations/uk-housing-price-slowdown-20252026 > Updated: 2026-08-10T04:15:45.000Z. Sources: 23. Developments: 4. In July 2026, the UK housing market showed significant signs of deceleration. While the Nationwide Building Society index reported annual growth slowing to 1.8% with month-on-month prices rising 0.1% to £277,542, other indices indicated a near-total stall. Specifically, the average UK house price flatlined at £299,253, representing a mere 0.1% annual increase—the weakest growth rate since November 2023. Regional trends remain highly varied. Northern Ireland continues to lead with 7.4% year-on-year growth, while Scotland and Wales saw modest gains of 3.6% and 1.6%, respectively. Conversely, demand is weakening in the south, with the south-east and Greater London recording month-on-month declines of 2% and 1.3%. Market stability is being challenged by rising mortgage rates and high borrowing costs, despite the Bank of England maintaining its base rate at 3.75%. Geopolitical tensions, specifically the Iran-US conflict, have introduced inflationary concerns and uncertainty. While mortgage approvals have seen some recent movement, they remain approximately 10% lower than the previous year. Experts note that while the market has remained within a narrow price range for nearly two years, affordability continues to be a significant hurdle for buyers, leading to calls for government incentives to stimulate demand. ## Claims - The average UK house price in July was £299,253. (corroborated by 3 sources) - House price growth year‑on‑year was 0.1%, the weakest since November 2023. (corroborated by 3 sources) - Northern Ireland house prices rose 7.4% year‑on‑year to £231,131. (corroborated by 3 sources) - Scotland house price growth was 3.6% year‑on‑year. (corroborated by 3 sources) - Wales house price growth was 1.6% year‑on‑year. (corroborated by 3 sources) - South‑east house prices fell 2% month‑on‑month. (corroborated by 3 sources) - Greater London house prices fell 1.3% month‑on‑month. (corroborated by 3 sources) - The Bank of England kept its base rate unchanged at 3.75%. (corroborated by 3 sources) ## Timeline ### 2026-08-10: UK house prices remain flat amid slow annual growth UK house prices remained flat in July at an average of £299,253, marking the slowest annual growth since late 2023 as affordability challenges and mortgage rate sensitivity persist. 3 sources. https://clstr.news/cluster/uk-house-prices-remain-flat-amid-slow-annual-growth ### 2026-08-07: UK house prices stall amid rising mortgage rates UK house prices flatlined in July at £299,253, up just 0.1% YoY – the weakest rise since Nov 2023 – as mortgage rates climb and the Bank of England holds rates at 3.75%. 7 sources. https://clstr.news/cluster/uk-house-prices-stall-amid-rising-mortgage-rates ### 2026-07-31: UK Nationwide reports July house price growth slows to 1.8% Nationwide’s July HPI shows UK house price growth slowing to 1.8% annually, month‑on‑month up 0.1% to £277,542, as the Bank of England holds rates at 3.75% and experts call for incentives. 10 sources. https://clstr.news/cluster/nationwide-building-society-reports-uk-house-price-growth-slows-to-18-in-july ### 2026-07-26: UK average house price reaches £271,000 as growth slows in May 2026 UK average house price hit £271,000 in May 2026, a 2.7% annual rise but slowed growth, while Lancashire averages £220,000 with wide regional variation. 4 sources. https://clstr.news/cluster/uk-average-house-price-reaches-271000-as-growth-slows-in-may-2026 --- Cite as: UK housing price slowdown 2025‑2026. CLSTR, https://clstr.news/situations/uk-housing-price-slowdown-20252026