Business · 1 August 2026

UK house price growth slowed to 0.1% in July

Economic uncertainty and high interest rates made buyers cautious, slowing UK house price growth to just 0.1% in July. Nationwide reported annual growth dropped to 1.8% from 2.2% in June, with the average home now costing £277,542. The Bank of England cautioned that additional conflict in Iran might lead to inflation exceeding 4% next year.

By BriefTea Editorial · 1 August 2026 at 11:18

Reported by The Guardian · How we write briefs

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