News · 1 June 2026

UK house prices fall in May, first time this year

UK house prices fell for the first time this year in May, making things uncertain for people looking to buy. Lender Nationwide reported the average home price dropped 0.6% last month, linking it to rising interest rates and Middle East conflict. The typical UK house now costs £278,024, which is a slowdown from April's 3% annual growth.

By BriefTea Editorial · 1 June 2026 at 11:50

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