Finance
UK house prices rise 2.8% in 12 months to July
Published by Global Banking and Finance Review
Posted on September 17, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 17, 2025
1 min readLast updated: January 21, 2026
UK house prices rose 2.8% in the year to July, slowing from June's 3.6% increase, as reported by the ONS.
LONDON (Reuters) -Average house prices in the United Kingdom in July were 2.8% higher than a year earlier, down from a 3.6% rise in the year to June, the Office for National Statistics said on Wednesday.
Growth in property prices slowed sharply after hitting a two-year high in March when buyers rushed to complete sales before an expiry of a tax break on many house purchases.
Private-sector rental growth slowed to 5.7% in the 12 months to August from 5.9% in July, the ONS added, and the smallest annual increase since December 2022.
(Reporting by Suban AbdullaEditing by Ros Russell)
Average house prices in the United Kingdom in July were 2.8% higher than a year earlier.
The growth in property prices slowed from a 3.6% rise in June to 2.8% in July.
Private-sector rental growth slowed to 5.7% in the 12 months to August, down from 5.9% in July.
Growth in property prices hit a two-year high in March as buyers rushed to complete sales before the expiry of a tax break.
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