Asking prices for newly listed homes in the United Kingdom fell 1.2% between June 8 and July 12, property portal Rightmove said, marking the steepest July decline since the series began in 2001. Prices were just 0.1% higher than a year earlier, down from 0.8% in June, as a decade-high level of available stock prompted sellers to undercut rivals to secure deals. The company trimmed its 2025 house-price growth forecast to 2% from 4%. A separate gauge from Nationwide Building Society painted a more upbeat picture. The mortgage lender’s house-price index rose 0.6% in July, reversing June’s 0.8% drop and beating economists’ expectations for a 0.5% gain. Annual growth accelerated to 2.4% from 2.1%, suggesting demand is recovering after an April increase in property transaction taxes briefly cooled activity. The contrasting readings underscore the patchy nature of the housing market: Rightmove measures asking prices at the start of the sales process, while Nationwide tracks agreed purchase prices closer to completion. Economists said the divergence highlights uncertainty over the durability of the rebound as higher interest rates and stretched affordability continue to weigh on buyers.