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Annual UK House Price Growth Slowed to 2 in June, Says ONS
The Central Statistics Office said Irish home price growth eased to 5.6%, the slowest annual rise since January 2024.
- Irish residential property price growth slowed to 5.6% in June 2026, marking the lowest annual rise since January 2024, according to the Central Statistics Office . Across the UK, annual house price inflation eased to 2.0% in the same period.
- Chairperson of Irish Mortgage Advisors Trevor Grant warned that Ireland's fundamental issue remains insufficient home construction. "Every quarter that completions fall short, that gap has a knock-on impact on prices," Grant noted.
- The median price of a dwelling purchased in the 12 months to June was £396,000, with Dublin prices rising 4.6% compared to a 6.4% increase outside the capital. Revenue Commissioners recorded 4,058 dwelling purchases worth £1.82 billion in June.
- UK house prices reached an average of £272,000 in June, while average monthly private rents climbed 3.7% to £1,393 in July. Associate director at L&C Mortgages David Hollingworth stated the figures "largely align with market expectations."
- Financial markets continue factoring in rising interest rates to combat higher inflation, according to Hollingworth. Analysts expect autumn activity to pick up, though mortgage rates remain the key driver of buyer confidence.
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House prices in wealthy London boroughs fall by up to £300,000
House prices in London’s most sought-after areas plummeted further in June, with the average price in some postcodes falling by nearly £300,000 year on year. London’s average house price slipped by 2.5 per cent to £554,000 in the year to June, according to the Office for National Statistics (ONS). Though this was a softer fall than May’s 3.1 per cent, prices in some of London’s most up-market areas suffered far bigger drops. The average house pr…
·London, United Kingdom
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Evening StandardReposted by 
The Independent
The IndependentAnnual UK house price growth slowed to 2% in June, says ONS
Prices in London have been dropping for 10 months in a row, although the pace of falls has slowed.
·London, United Kingdom
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Total News Sources13
Leaning Left3Leaning Right0Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 43%
C 57%
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