UK house price growth picked up slightly in May, according to the latest Halifax House Price Index data released on 5 June 2026. The annual rate of increase in house prices reached 0.5% in May 2026, up from 0.4% in April 2026.
The figures are based on a year-over-year comparison, measuring how prices in May 2026 compare with those in May 2025. Similarly, April’s 0.4% reading reflected the change versus April 2025. The modest acceleration suggests that price growth is stabilising at low positive levels, indicating a housing market that is inching forward rather than surging.