The latest Rightmove House Price Index data for the United Kingdom show a moderating pace of annual house price declines in May 2026. The year-over-year indicator stood at -0.3% for May, an improvement from April’s -0.9% reading, suggesting that downward pressure on prices may be easing.
Both figures measure price changes compared with the same month a year earlier. While prices are still lower than a year ago, the smaller annual drop in May indicates that the correction in the UK housing market could be losing momentum. The data, updated on 17 May 2026, will be closely watched by investors and analysts for further signs of stabilisation in the coming months.