Lloyds House Price Index June 2026

Key takeaways

House prices rose 0.2% in June, the first increase in four months, following a -0.2% fall in May.
Annual house price growth edged up to 0.6% (from 0.5% in May), but quarterly growth remained negative at -0.4%.
The average UK house price rose to £299,330, compared with £298,812 in May.
For first-time buyers, annual price growth increased to 0.8% (from 0.3% in May), with the average first-time buyer property now costing £240,433.
Northern Ireland continued to lead UK house price growth, up 7.4% YoY to £229,000. Scotland recorded growth of 3.9% (£223,277), and Wales 0.9% (£231,142).
Northern English regions continued to outperform, with the North East up 2.8% (£181,133) and the North West up 2.4% (£248,218), while southern markets continued to see declines, led by the South East at -2.0% (£381,654) and London at -1.1% (£534,831).
Mortgage approvals for house purchase fell -14.9% to 56,205 in May, also -10.8% lower than May 2025 levels, as activity softened following recent increases.