US EditionAverage Property Value Slips 0.8% In June – Nationwide
- Nationwide reported that UK average house prices fell by 0.8% month-on-month in June 2025, with annual growth slowing to 2.1%.
- The price dip followed weaker demand after the April increase in stamp duty and the end of the March stamp duty holiday.
- Terraced houses led growth with a 3.6% rise year-on-year, while flats saw growth slow to 0.3%, and Northern Ireland remained the strongest region at 9.7%.
- Mortgage approvals increased in May, interest rates trended downward, and estate agents noted steady sales despite sellers lowering asking prices to attract buyers.
- Experts expect housing market activity to improve through summer, supported by underlying conditions despite global economic uncertainties and slowing wage growth.
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Average UK house price dipped by 0.8%-month-on-month in June, says Nationwide
The softening in price growth may reflect weaker demand following stamp duty rises at the start of April, Nationwide Building Society said.
·London, United Kingdom
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‘A market firing on all cylinders’ – response to Nationwide price index | Today's Conveyancer
‘A market firing on all cylinders’ – response to Nationwide price index: Nationwide's House Price Index for June shows a slight slowing of growth, at 2.1% compared to 3.5% in May. The building society said the dip could be due t
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