UK house prices declined in December but are expected to climb in 2026, data published by Rightmove showed Monday.
Average new seller asking prices fell by 1.8%, or by GBP6,695, monthly in December to GBP358,138. Rightmove said the 10-year average drop for December is 1.4%.
The larger than usual fall for December means that prices are 0.6%, or GBP2,059, lower at the end of 2025 than in 2024.
Buyer demand was 3% ahead of 2024 in the first half of 2025, but 6% behind in the second half.
Rightmove expects that prices will rise by 2% in 2026.
Meanwhile, the average two-year fixed rate is now 4.33% compared to 5.08% last year.
Rightmove said a bigger than usual Boxing Day boost is expected, as "many of those who paused their plans due to budget uncertainty join the traditional start of the busier home-moving season".