UK House Prices Up Just 0. 1% in July as Buyers Remain Cautious on Interest Rates UK house prices grew by just 0.
1% in July, the smallest increase this year, as buyers remain hesitant to make a move due to ongoing uncertainty about interest rates and geopolitical tensions.
The data reveals that annual price growth has slowed significantly, down from 2. 2% in June to 1. 8% in July, with the average home price remaining at £277,542 – below May's peak.