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UK House Price Growth Halves Amid Rising Mortgage Rates

Source: The Guardian Business - Published: 01 Oct 2026 09:22

The average home price in the UK now stands at £274,251, with Northern Ireland experiencing the highest growth at 5.9% year-on-year, while East Anglia saw a decline of 0.7%.

Watch for how rising mortgage rates may further impact buyer sentiment and housing demand, particularly in regions like East Anglia. Additionally, monitor upcoming PMI data for insights into broader economic trends that could influence housing market stability.

Briefed by Gibik from the original source.