UK house prices fell slightly in August, down 0.2% month-on-month following a similar decline in July. The average property now costs £298,468, marking the first annual fall in house prices since November 2023.
Despite the recent weakness, prices remain marginally higher, up 0.2%, since the start of the year.
September Housing Market Performance
But did the housing market regain any momentum in September? The latest Lloyds House Price Index has just been released, providing the first indication of how prices performed as the market entered the autumn.
More to follow. This article is currently being updated.
