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UK · 10 June 2026

UK house prices fall for a third month running

UK house prices fall for a third month running

Unsplash / Viktor Forgacs

UK house prices fell 0.1% in May according to Halifax, the third monthly drop in a row, leaving the average home at £298,806. Lenders linked the softening to weaker consumer confidence and higher energy costs following the Iran conflict. Savills now expects prices to fall 2% across 2026, with the steepest declines in the least affordable areas.

Reported by Savills · How we write briefs

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