UK house price growth halved in April, ONS says
Published by Global Banking and Finance Review
Posted on June 18, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking and Finance Review
Posted on June 18, 2025
1 min readLast updated: January 23, 2026
UK house price growth slowed to 3.5% in April due to new property tax changes, according to ONS data. This marks a significant drop from March's 7.0% growth rate.
(Reuters) -British house price growth halved in April, when a hike in property transaction taxes took effect, official data showed on Wednesday.
Annual house price growth cooled to 3.5% from 7.0% in March, the Office for National Statistics said.
(Reporting by Andy Bruce; editing by Sarah Young)
Annual house price growth cooled to 3.5% from 7.0% in March, according to the Office for National Statistics.
The slowdown in house price growth coincided with a hike in property transaction taxes that took effect in April.
The data on house price growth was reported by the Office for National Statistics.
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