The downturn in UK house prices showed tentative signs of stabilisation in August, as the RICS House Price Balance edged up to -28%, from -30% in July 2026. The latest reading, updated on 09 September 2026, indicates that while more surveyors are still reporting price falls than rises, the gap has narrowed modestly month-on-month.
The improvement in the balance suggests that downward pressure on prices may be easing slightly, even though the market remains in negative territory. With the indicator still well below zero, the data underline that the UK housing sector continues to face headwinds, but the marginal uptick could signal an early step towards a more balanced market in the coming months. Investors and policymakers will be watching subsequent releases closely for confirmation of a sustained stabilisation trend.