Annual UK house price growth picked up in June 2026, with the Nationwide House Price Index (HPI) rising 2.2% year-over-year, up from 1.7% in May. The latest figure, updated on 1 July 2026, signals a modest strengthening in price momentum after a slower pace of growth in the previous month.
Both the current and previous readings are measured on a year-over-year basis, comparing each month’s price change with the same month a year earlier. The move from 1.7% in May to 2.2% in June suggests that, while the market is not overheating, underlying demand and pricing pressure are firming as the middle of 2026 approaches.
For market participants, the uptick in the Nationwide HPI will be closely watched as an indicator of housing sector resilience and potential implications for broader UK economic conditions, including household wealth and consumer confidence.