UK house price growth hits nine month low in September
UK house prices rose at their weakest annual pace since December 2025 last month and fell 0.2 percent from August. Higher borrowing costs and geopolitical tensions have weighed on market demand.
British annual house price growth cooled to 0.8% in September, marking the weakest pace since December 2025 and falling short of forecasts amid rising borrowing costs. The annual increase halved from August's 1.6% rise, while monthly prices dropped 0.2%. The slowdown reflects persistent geopolitical pressures and market caution across the United Kingdom.
Prices fell below the 1.3% annual increase projected in a Reuters poll of economists, driven by higher borrowing costs linked to the conflict in Iran. NATIONWIDE BUILDING SOC-CCDS reported that monthly prices fell at the joint-fastest pace since May.
