UK house prices up 0.1% in July as buyers remain cautious on interest rates

The Guardian Business Friday 31 July 2026, 07:56 UTC By Joanna Partridge 1 min read

Key Points

Price of an average home now £277,542, up from £277,484 the previous month but lower than in May, says NationwideBusiness live – latest updatesEconomic uncertainty dampened UK house price growth in July as prospective house buyers remained cautious about interest rates during the US war with Iran in what should be peak housebuying season. House prices rose by just 0.1% in July from a month earlier, according to the lender Nationwide, while annual price growth slowed to 1.8% this month, down...

Price of an average home now £277,542, up from £277,484 the previous month but lower than in May, says Nationwide

Business live – latest updates

Economic uncertainty dampened UK house price growth in July as prospective house buyers remained cautious about interest rates during the US war with Iran in what should be peak housebuying season.

House prices rose by just 0.1% in July from a month earlier, according to the lender Nationwide, while annual price growth slowed to 1.8% this month, down from 2.2% in June.

UK (LOCATION) NationwideBusiness (ORG) the US war (EVENT) Iran (LOCATION) House (ORG) Nationwide (ORG)

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UK house prices up 0.1% in July as buyers remain cautious on interest rates

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