UK annual house price growth slows to 1.8% in July as prices edge up 0.1%, Nationwide says

Nationwide put annual house price growth at 1.8% in July, down from 2.2% in June, with the average home at £277,542 after a seasonally adjusted 0.1% monthly rise. It blames an uncertain backdrop, as renewed Iran–US tensions lift energy prices and market interest rates, keeping mortgage pricing volatile. For sellers, that favours realistic asking prices over chasing last year's momentum; for buyers, near-flat values ease the pressure to rush, though borrowing costs still bite. This is continued cooling, not a fall — values remain modestly higher than a year ago.