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Data from U.K. Office for National Statistics. Forecasts by Sigmanomics Forecast Engine.
United KingdomUnited Kingdom House Price Index MoM fell to 0.0% in July 2026
U.K. Office for National StatisticsMonthlyReleased August 2026
United Kingdom House Price Index MoM fell to 0.0% in July 2026, released August 2026, down 0.2% from June's 0.2% reading. The reading missed the 0.1% consensus by 0.1%. House Price Index MoM has now declined for 3 consecutive months. House Price Index MoM is now the lowest in 6 months.
Latest Release
0
Actual
0.1
Consensus
0.2
Previous
Median Absolute Error
±0.4 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: 0.15
Actual: 0
Error: +0.15
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.62 | INDEX | Moves against | → View |
| Euro STOXX 50 | ▼ Inverse | −0.57 | INDEX | Moves against | → View |
| GBP/USD | ▲ Direct | +0.54 | FOREX | Moves with | → View |
| FTSE 100 | ▼ Inverse | −0.51 | INDEX | Moves against | → View |
| DAX | ▼ Inverse | −0.49 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
House Price Index MoM (United Kingdom) was reported at 0% in August 2026. This missed the market consensus of 0.1% by 0.1%. The reading fell from the previous value of 0.2%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 0.05%, ranging from -1.8% to 2.8% across 13 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 0.33%, unchanged from the prior three. Volatility over the past year (σ 1.11%) is higher than the prior year (σ 0.73%). In August readings over the past 3 years, House Price Index MoM has averaged -0.3%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with Euro STOXX 50, negatively correlated (Bearish Euro STOXX 50). Over the last 12 releases, the Sigmacast model's median absolute error is 0.4%.
WHAT TO WATCH NEXT
The next release is scheduled for September 7, 2026. Same-country events in the next 14 days include House Price Index YoY (Sep 7) and BRC Retail Sales Monitor YoY (Sep 7).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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House Price Index MoM - UK
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About House Price Index MoM — United Kingdom
DEFINITION
The House Price Index MoM (Month-over-Month) is a key financial indicator that measures the percentage change in the average selling price of residential properties in a given market from one month to the next. It provides valuable insights into the current state of the housing market and can help investors, policymakers, and individuals make informed decisions about buying or selling real estate. This indicator is widely used by economists and analysts to track trends and identify potential risks or opportunities in the housing sector.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 0 %, consensus 0.1 %. Prior reading (Jul 2026): 0 %. Before that (Jul 2026): 0 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.62) — a useful reference for index-focused traders.
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Economic Calendar - UK Events
| Monday, September 7, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | UK | House Price Index YoY | 0.1 | 0.1 | 0.10 | Medium | |
| 06:00 | UK | House Price Index MoM | 0 | 0.2 | 0.20 | Medium | |
| 09:00 | UK | BBA Mortgage Rate | 6.6 | 6.6 | 6.60 | Low | |
| 23:01 | UK | BRC Retail Sales Monitor YoY | 1 | 1.2 | 2.60 | High | |
| Wednesday, September 9, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 23:01 | UK | RICS House Price Balance | -30 | -28 | -30.00 | Medium | |