Britain's average house prices dropped 0.2% month over month in August, after a revised 0.1% decline in July, according to data from Lloyds published Monday.
Analysts expected a 0.2% rise for the month.
On a yearly basis, average house prices in the UK were down 0.4% in August 2026, after a 0.1% uptick in the previous month. The latest reading marks the first annual decline in UK average house prices since November 2023.