UK annual house price growth slows to 0.0% in March, weakest in two years
The ONS reported on 20 May that average UK house prices were flat over the year to March 2026 — annual growth of 0.0%, down from 1.7% and the weakest since April 2024. Much of the dip is a base effect: prices spiked a year earlier ahead of April 2025 stamp duty changes. For buyers, that means little urgency and room to negotiate; for sellers, it's a reminder to price realistically. This is a flat market, not a falling one.
What this means for…
Buyers· 2/3
Sellers· 2/3
Wider market· 2/3
Each axis scored 1 (minor) to 3 (major). Total 6/9.
More Demand commentary
19 May 2026 · Impact 4/9
NatWest raises maximum borrowing to 6.5 times income for joint applicants earning £150,000-plus
18 May 2026 · Impact 5/9
Tracker and variable mortgage searches more than double in six months as borrowers bet on rate cuts
18 May 2026 · Impact 6/9
Rightmove says UK asking prices rise 1.2% to £378,304 in May as north-south divide widens