UK house price annual inflation slowed further in August, but the average price for a residential property hit a fresh record high, survey data from the Lloyds Bank subsidiary Halifax showed Tuesday.
The house price index climbed 7.1 percent year-on-year following a 7.6 percent rise in the previous month, IHS Markit, which releases the Halifax survey results, said.
The annual rate has slowed every month since hitting a peak of 9.6 percent in May. The latest increase was the slowest in five months.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.