Lloyds Bank: House prices record first annual fall in nearly three years
Average UK house prices fell 0.4% in the year to August 2026, with prices down 0.2% over the previous month, according to Lloyds Bank.The average UK property price dropped from £299,569 a year ago to £298,468, according to Lloyds’ latest house price index (HPI).Prices fell during the month of August from an average of £299,153 in July.It is the first time annual house price growth has trended negatively since November 2023, according to Lloyds’ data, and comes amid
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