Economic Buzz: UK house prices up 1.4% on year in July 2026

UK house prices increased 1.4% in the year to July 2026, up from the revised estimate of 1.5% in the 12 months to June 2026. On a non-seasonally adjusted basis, average house prices in the UK increased by 0.7% between June 2026 and July 2026, compared with an increase of 0.8% from the same period 12 months ago (June 2025 and July 2025). The UK Property Transactions Statistics showed that in July 2026, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of ?40,000 or greater was 97,000. This is 1.1% lower than a year ago (July 2025). Between June 2026 and July 2026, UK transactions decreased by 1.7% on a seasonally adjusted basis. The highest monthly house price increase was in the East Midlands where prices increased by 1.7% in the year to July 2026. The highest annual growth was in the North East where prices increased by 4.9% in the year to July 2026.

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