The UK housing market showed signs of stabilisation in June, with the Nationwide House Price Index (HPI) holding steady at 0.0% month-on-month. This follows a 0.6% decline in May 2026, indicating that the downward momentum in prices may be easing.
According to the latest data, updated on 1 July 2026, the June reading represents a pause in price movements rather than a continuation of the previous month’s drop. The comparison is made on a month-over-month basis, with June’s flat reading measured against May’s -0.6% change, which in turn reflected the change from April to May.
While the data do not yet point to a recovery in house prices, the shift from a monthly decline to zero growth suggests a more stable near-term environment for the UK property market as it moves into the second half of 2026.