Finance
UK house prices rise 3.9% in year to May, ONS says
Published by Global Banking & Finance Review®
Posted on July 16, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 16, 2025
1 min readLast updated: January 22, 2026
UK house prices rose 3.9% in May, slowing from March's 7.0% peak. The ONS reports a decrease in private-sector rent growth to 6.7% in June.
LONDON (Reuters) -Average house prices in the United Kingdom in May were 3.9% higher than a year earlier, after a 3.6% rise in the year to April, the Office for National Statistics said on Wednesday.
House price growth has slowed sharply after hitting a two-year high of 7.0% in March when buyers rushed to complete property sales before the end of a tax break on many house purchases.
Annual growth in private-sector rents slowed to 6.7% in the 12 months to June from 7.0% in May, the ONS added.
(Reporting by David Milliken; editing by Sarah Young)
Average house prices in the United Kingdom in May were 3.9% higher than a year earlier.
There was a 3.6% rise in house prices in the year to April, indicating a slight increase in growth in May.
House price growth hit a two-year high of 7.0% in March when buyers rushed to complete property sales.
Annual growth in private-sector rents slowed to 6.7% in the 12 months to June from 7.0% in May.
The Office for National Statistics (ONS) reported the house price statistics.
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