Annual house price growth edges up to 1.6% in August as Nationwide points to easing wage pressure
Nationwide put annual house price growth at 1.6% in August, up from 1.4% in July, with prices 0.2% higher month on month after seasonal adjustment. Chief economist Robert Gardner said easing private sector wage growth gives the Bank of England room before its mid-September decision. For sellers that means pricing to a flat market, not a rising one; for buyers, affordability is improving slowly as earnings outpace prices. This is a modest drift, not a recovery.
What this means for…
Buyers· 2/3
Sellers· 3/3
Wider market· 2/3
Each axis scored 1 (minor) to 3 (major). Total 7/9.
More Demand commentary
15 Oct 2026 · Impact 6/9
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14 Oct 2026 · Impact 6/9
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12 Oct 2026 · Impact 4/9
Average buy-to-let yield rises to 7.22% in Q3, the highest since early 2011, Paragon Bank finds
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