UK house prices recorded their first monthly dip of the year in May, with the average property value falling 0.6 per cent month-on-month, Nationwide Building Society has reported.
This marks the first decline since a 0.3 per cent decrease in December 2025. Annual house price growth slowed to 1.7 per cent in May, from 3.0 per cent in April, meaning homes are still more expensive than a year ago despite the fall since April.
