The UK Nationwide House Price Index rose 2.2% year-on-year in March 2026, picking up from 1.0% growth in February and marking the fastest increase since last October. On a monthly basis, prices rose 0.9%, above forecasts of a 0.6% gain and accelerating from a 0.3% increase in the previous period. Chief Economist Robert Gardner said the rebound signals improving conditions, but rising global energy prices linked to Middle East tensions pose downside risks. He warned UK growth may slow while inflation could exceed expectations, with markets now pricing in three rate hikes over the next year versus earlier expectations for cuts, pushing up mortgage costs and weighing on affordability and demand. Still, fundamentals remain supportive, with a resilient labor market, low household debt, strong savings, and around 90% of mortgages on fixed rates. Regionally, growth was uneven in Q1, led by Northern Ireland (+9.5%), followed by North West England (+3.3%), while England lagged (+0.9%). source: Nationwide Building Society, United Kingdom

Nationwide Housing Prices YoY in the United Kingdom increased to 2.20 percent in March from 1 percent in February of 2026. Nationwide Housing Prices YoY in the United Kingdom averaged 5.10 percent from 1992 until 2026, reaching an all time high of 26.50 percent in January of 2003 and a record low of -17.60 percent in February of 2009. This page includes a chart with historical data for the United Kingdom Nationwide Housing Prices YoY. United Kingdom Nationwide Housing Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

Nationwide Housing Prices YoY in the United Kingdom increased to 2.20 percent in March from 1 percent in February of 2026. Nationwide Housing Prices YoY in the United Kingdom is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Nationwide Housing Prices YoY is projected to trend around 4.50 percent in 2027 and 5.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-02 07:00 AM
Nationwide Housing Prices YoY
Feb 1% 1% 0.7% 1.1%
2026-03-31 06:00 AM
Nationwide Housing Prices YoY
Mar 2.2% 1% 1.5%
2026-04-30 06:00 AM
Nationwide Housing Prices YoY
Apr 2.2%


Related Last Previous Unit Reference
Average House Prices 301151.00 300283.00 GBP Feb 2026
Construction Orders YoY 28.60 30.50 percent Dec 2025
Construction Output YoY -0.20 -0.30 percent Jan 2026
Mortgage Lending 4840.00 4211.00 GBP Million Feb 2026
Home Ownership Rate 64.50 64.70 percent Dec 2023
Halifax House Price Index MoM 0.30 0.80 percent Feb 2026
Halifax House Price Index YoY 1.30 1.00 percent Feb 2026
Housing Index 519.30 517.80 points Feb 2026
Housing Starts 37300.00 30320.00 units Dec 2025
Mortgage Approvals 62.58 60.25 Thousand Feb 2026
BBA Mortgage Rate 6.59 6.62 percent Feb 2026
Nationwide Housing Prices 553.00 545.00 points Mar 2026
Nationwide Housing Prices MoM 0.90 0.30 percent Mar 2026
Nationwide Housing Prices YoY 2.20 1.00 percent Mar 2026
Price to Rent Ratio 110.71 111.09 Dec 2025
Private Rental Prices YoY 3.50 3.50 percent Feb 2026
Residential Property Prices 2.96 2.83 Percent Sep 2025
RICS House Price Balance -12.00 -10.00 percent Feb 2026


United Kingdom Nationwide Housing Prices YoY
The Nationwide house price index is an indicator of trends in UK house prices. The index is calculated based on owner occupier house purchase transactions involving a mortgage. Buy to let and cash purchases are not included.
Actual Previous Highest Lowest Dates Unit Frequency
2.20 1.00 26.50 -17.60 1992 - 2026 percent Monthly
NSA

News Stream
UK House Price Growth Accelerates in March
The UK Nationwide House Price Index rose 2.2% year-on-year in March 2026, picking up from 1.0% growth in February and marking the fastest increase since last October. On a monthly basis, prices rose 0.9%, above forecasts of a 0.6% gain and accelerating from a 0.3% increase in the previous period. Chief Economist Robert Gardner said the rebound signals improving conditions, but rising global energy prices linked to Middle East tensions pose downside risks. He warned UK growth may slow while inflation could exceed expectations, with markets now pricing in three rate hikes over the next year versus earlier expectations for cuts, pushing up mortgage costs and weighing on affordability and demand. Still, fundamentals remain supportive, with a resilient labor market, low household debt, strong savings, and around 90% of mortgages on fixed rates. Regionally, growth was uneven in Q1, led by Northern Ireland (+9.5%), followed by North West England (+3.3%), while England lagged (+0.9%).
2026-03-31
UK House Prices Rise Above Forecasts
The UK Nationwide House Price Index rose 1% year-on-year in February 2026, exceeding expectations of a 0.7% increase and matching January’s pace. On a monthly basis, prices went up 0.3%, in line with forecasts and the same pace as in January. Nationwide Chief Economist Robert Gardner noted this reflects a modest recovery following a dip at the end of 2025, likely linked to uncertainty over potential property tax changes ahead of the Budget. Mortgage approvals for house purchases remained close to pre-pandemic levels. Over 2025, total housing market transactions were 10% higher than in 2024, supported by improved affordability and easing credit availability. First-time buyer activity increased 18% year-on-year, home mover purchases up 15%, while buy-to-let activity edged higher but stayed subdued due to rates and regulatory headwinds. Gardner expects activity to continue recovering in coming quarters if affordability trends persist.
2026-03-02
UK House Prices Rise More Than Expected
The UK Nationwide House Price Index rose 1% year-on-year in January 2026, surpassing the expected 0.7% and picking up from a 0.6% gain in December. On a monthly basis, prices increased 0.3%, in line with expectations, following a 0.4% decline in December. Nationwide Chief Economist Robert Gardner said housing activity dipped at the end of 2025, likely due to uncertainty over potential property tax changes, but mortgage approvals remained near pre-pandemic levels. He added that affordability improved over the past year, supported by earnings growth outpacing house prices and a steady decline in mortgage rates, helping sustain buyer demand. First-time buyer activity continued to rise as a share of purchases, with many buyers benefiting from relatively low mortgage payments. Regional variations persisted: London saw the largest improvement but remained least affordable, Northern Ireland worsened, while Scotland and parts of the North remained manageable.
2026-02-02