The Nationwide House Price Index (HPI) has revealed a notable slowdown in the United Kingdom's property market this June. According to the latest data updated on 1 July 2025, the annual growth in house prices has decelerated to 2.1%, a considerable drop from the 3.5% growth reported in May of the same year.
This year-over-year comparison emphasizes a significant cooling in the housing market when juxtaposed with the equivalent month a year ago. The figures underscore a period of shifting dynamics in the UK housing landscape, reflecting broader economic conditions and potentially softer demand.
The decline in the growth rate highlights the pressures facing homeowners and potential buyers as economic uncertainties continue to influence housing decisions. Analysts will be closely monitoring future Nationwide HPI releases to gain insights into the trajectory of the market and what it could mean for the broader UK economy in the coming months.