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The Guardian World News · Jun 5, 2026 7:27 AM EDT GeopoliticsHousing

UK house prices fall for third successive month amid Iran war uncertainty

Unexpected monthly drop of 0.1% in May leaves price of typical home at £298,806, says lender HalifaxBusiness live – latest updatesUK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected affordability and homebuyer demand.The average price of a typical UK home fell by 0.1% in May to £298,806, the third consecutive monthly drop recorded by the lender Halifax. Analysts had …

UK house prices fall for third successive month amid Iran war uncertainty
Image The Guardian World News

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