FX.co ★ UK Rightmove House Price Decline Eases in October, Signalling Potential Market Stabilisation

The latest Rightmove House Price Index data for the United Kingdom indicate a notable easing in the annual pace of house price declines, suggesting tentative signs of stabilisation in the property market. In October 2026, the index showed a year-over-year change of -0.1%, compared with a -1.0% annual decline recorded in September 2026.

Both readings measure the change in prices relative to the same month a year earlier, highlighting a clear moderation in downward pressure as the market moves from a steeper fall in September to an almost flat reading in October. While prices are still marginally below their level of a year ago, the sharp improvement in the rate of decline may point to growing resilience in buyer demand or a better balance between supply and demand.

The figures, updated on 18 October 2026, will be closely watched by investors, lenders and policymakers as they assess whether the UK housing market is transitioning from a correction phase towards a more stable pricing environment heading into the end of the year.