According to a report, the year-on-year growth rate of average housing prices was the slowest since November 2023, after which British homebuilders' stock prices fell. According to the Rice Bank House Price Index, the average house price was £299,253, slightly below the psychologically important threshold of £300,000. It remained flat month-on-month, with a year-on-year increase of only 0.1%. Canadian Capital Markets analysts Anthony Codling and Oliver Dyson said in a report that due to tight affordability and the failure of mortgage interest rates to fall by a sufficient margin and for a long enough period of time, housing prices are stuck in a narrow range of two years. “The UK real estate market has not collapsed, but it is dying out,” an analyst at Jiahuang Capital Markets said. Vistry fell 2.1%, and Berkeley and Persimmon both fell 1.7%.

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