UK House Prices Have Gone Nowhere for Years Now
House prices are barely changed since mid-2022, and have fallen about 10% in real terms.
Residential properties in the Mayfair district i London.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
Enough with the tariffs for today, let’s turn to something really important. That’s right, we’ve got the latest update on UK house prices to pore over.