The latest house price reports suggest that the housing market continues to show resilience despite ongoing affordability pressures and increased levels of homes coming to the market.
While annual house price growth remains relatively modest, activity levels continue to hold up well. Buyers have more choice than they have had for some time, which is creating greater competition amongst sellers and placing an increased emphasis on realistic pricing.
Here’s a clear snapshot from the latest reports.
Lloyds (formerly Halifax) House Price Index
According to the latest Lloyds (formerly Halifax) House Price Index, annual house price growth edged up to +0.6%.
The report stated that the average UK property price now stands at approximately £299,000, following a monthly increase of +0.2% – the first monthly rise in four months.
Amanda Bryden, Head of Mortgages at Lloyds, said:
“The housing market has remained resilient in the face of a changing economic backdrop. While affordability continues to present challenges, stable employment and easing mortgage rates are helping to support buyer demand.”
Lloyds noted that while economic uncertainty remains, improved mortgage affordability is continuing to support activity across the market.
Nationwide House Price Index
The latest Nationwide House Price Index continues to show modest annual house price growth, although affordability remains a key influence on the market.
Robert Gardner, Nationwide’s Chief Economist, said:
“Housing market activity has remained relatively resilient despite ongoing affordability pressures. Lower borrowing costs compared with last year are continuing to support demand.”
Nationwide also highlighted that buyers remain cautious, with mortgage affordability continuing to influence purchasing decisions.
Rightmove House Price Index
The latest Rightmove House Price Index, which focuses on asking prices, suggests that sellers are continuing to price competitively as the number of homes coming to market remains at its highest level for many years.
Rightmove reported that increased buyer choice is helping to keep asking price growth under control.
Colleen Babcock, property expert at Rightmove, said:
“With buyers having plenty of choice, sellers who price realistically from the outset are continuing to have the greatest success.”
The report also highlighted that well-priced properties continue to attract good levels of interest despite wider economic uncertainty.
Hometrack / Zoopla House Price Index
The latest Hometrack House Price Index reported that annual UK house price growth remains modest.
The report suggested that improving mortgage availability is supporting demand, while increased housing supply is helping to keep price growth in check.
Richard Donnell, Executive Director at Zoopla, said:
“House price growth continues to track earnings growth, creating a more sustainable housing market with buyers benefiting from increased choice.”
Our Thoughts
The latest reports continue to suggest that the housing market remains balanced.
Lower mortgage rates are helping to improve affordability and support buyer confidence, while increased levels of homes for sale are giving buyers more choice than they have had for several years.
For sellers, this means realistic pricing has never been more important. Properties that are priced correctly and presented well continue to attract good levels of interest, while those that are overpriced may take longer to sell.
Overall, the market appears to be settling into a more sustainable position, with steady activity levels and modest house price growth providing encouraging signs for both buyers and sellers.
Information correct at time of writing – July 2026.
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