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    Home > Finance > UK house price growth halved in April, ONS says
    Finance

    UK house price growth halved in April, ONS says

    Published by Global Banking & Finance Review®

    Posted on June 18, 2025

    1 min read

    Last updated: January 23, 2026

    UK house price growth halved in April, ONS says - Finance news and analysis from Global Banking & Finance Review
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    Tags:UK economyHousing marketproperty prices

    Quick Summary

    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.

    UK House Price Growth Slows to 3.5% Amid Tax Changes in April

    (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)

    Key Takeaways

    • •UK house price growth halved in April.
    • •Annual growth rate dropped from 7.0% to 3.5%.
    • •Property transaction tax changes impacted prices.
    • •ONS provided the official data.
    • •Market cooling observed in April.

    Frequently Asked Questions about UK house price growth halved in April, ONS says

    1What was the annual house price growth in April?

    Annual house price growth cooled to 3.5% from 7.0% in March, according to the Office for National Statistics.

    2What event coincided with the slowdown in house price growth?

    The slowdown in house price growth coincided with a hike in property transaction taxes that took effect in April.

    3Who reported the data on house price growth?

    The data on house price growth was reported by the Office for National Statistics.

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