British residential construction companies' stock prices are declining due to softening property prices in London and southern England.

The stock prices of UK residential builders have fallen, following a Halifax house price index report stating that year-on-year house prices in London and the South of England have fallen by over 1%. Analysts at AJ Bell Capital Markets have said in a report that despite a strong start to the spring sales season, builders operating in these regions, such as Berkeley and Crest Nicholson, are facing a challenging market environment. Nationwide, average house prices rose by 0.7% in January, breaking the 300,000 barrier for the first time. "While housing affordability is tight for many, rising wages, falling mortgage rates, and relaxed mortgage lending restrictions have all contributed to the rise in house prices nationwide," these analysts said. Bellway's stock price fell by 1.4%, Vistry by 1.05%, Crest Nicholson by 0.9%, and Berkeley by 0.8%.