The latest house price reports suggest that the housing market has become a little more mixed as we move into the summer months.

While annual growth remains positive across most indices, there are signs that affordability pressures, higher borrowing costs and increased supply are beginning to influence buyer activity and seller expectations.

Here’s a clear snapshot from the latest reports covering May and early June 2026.

Halifax House Price Index

According to the latest Halifax House Price Index, annual house price growth edged up slightly to +0.5%.

The report stated that the average UK property price now stands at £298,806, with a monthly movement of -0.1%.

Amanda Bryden, Head of Mortgages at Halifax, said:

“The housing market continues to show resilience despite ongoing affordability challenges and wider economic uncertainty. House prices remain broadly stable, with only small monthly movements.”

Halifax noted that borrowing costs and wider economic uncertainty continue to influence buyer behaviour, although demand levels remain relatively healthy compared to recent years.

Nationwide House Price Index

The latest Nationwide House Price Index reported that annual house price growth slowed to +1.7%, down from +3.0% the previous month.

Nationwide also reported a monthly fall of -0.6%.

Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said:

“Given the uncertainty in the global economy, some softening in house price growth was perhaps unsurprising. Nevertheless, activity levels remain relatively resilient by historic standards.”

Nationwide highlighted that affordability remains a key challenge for many buyers despite recent improvements in mortgage availability.

Rightmove House Price Index

The latest Rightmove House Price Index, which focuses on asking prices, stated that average asking prices fell by -0.6% during June.

Rightmove reported that the average asking price now stands at £376,191.

Colleen Babcock, property expert at Rightmove, said:

“The decade-high level of buyer choice means that sellers need to be realistic when setting their asking price if they want to attract attention and secure a sale.”

The report suggested that increased supply and greater competition between sellers are helping to keep asking prices in check despite continued levels of buyer activity.

Hometrack / Zoopla House Price Index

The latest Zoopla House Price Index reported annual UK house price growth of +1.5%.

The report stated that average UK house prices now stand at approximately £271,900.

Zoopla suggested that affordability remains the primary factor limiting stronger growth, although demand continues to be supported by improving mortgage availability and steady employment levels.

Richard Donnell, Executive Director at Zoopla, said:

“House price inflation remains modest and in line with earnings growth. Buyers have greater choice, which is helping to keep price growth under control.”

Our Thoughts

The latest reports continue to paint a picture of a market that is stable rather than booming.

While some of the annual growth figures have softened, activity levels remain relatively healthy and we continue to see good demand for properties that are priced realistically and presented well.

At the same time, supply levels remain elevated in many areas, giving buyers more choice and creating greater competition amongst sellers.

This means that pricing correctly from the outset remains increasingly important.

Overall, the market feels balanced. Buyers still have opportunities to negotiate in some situations, while sellers who price realistically can still achieve successful outcomes.

Information correct at time of writing – June 2026.

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