After the rapid increase in house prices, the share prices of British residential developers have risen.

The Halifax house price index shows that house prices in May rose by 0.5% year-on-year, slightly faster than the 0.4% increase in April, which subsequently led to an increase in the stock prices of British residential construction companies. On a month-on-month basis, house prices fell by 0.1%, averaging 298,806. Halifax stated that despite recent cuts in mortgage rates, higher inflation expectations have kept borrowing costs above the levels seen at the beginning of 2026, continuing to test people's affordability and dampen demand. "Nevertheless, overall activity remains strong, reflecting the underlying resilience of the UK property market," the organization said. Crest Nicholson's stock rose by 2.5%, Vistry climbed 1.6%, and Taylor Wimpey rose by 1.1%.