Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.

UK House Prices Rise 0.2% in June After Four-Month Dip

UK house prices increased by 0.2% in June 2026, according to the latest Lloyds House Price Index (formerly Halifax House Price Index). This marks the first monthly rise in four months, with the typical property now costing £299,330.

The annual rate of house price growth also edged higher to +0.6%. For first-time buyers, annual price growth increased to +0.8% in June from +0.3% in May, with the average first-time buyer property now costing £240,433.

The report notes that recent price trends reflect wider economic uncertainty, including the impact of global events on inflation and interest rate expectations. Mortgage rates have eased from recent highs, although affordability remains stretched for many buyers. The number of new mortgage approvals dropped in May, which the report attributes to a spike in rates earlier in the year.

For letting agents and inventory clerks, these figures suggest a market that is showing signs of resilience, with modest growth and continued demand from first-time buyers. The data may indicate a stabilising environment for rental and sales activity, as lower borrowing costs could support demand moving forward.