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    Home > Finance > Growth in UK house prices and private rents slows
    Finance

    Growth in UK house prices and private rents slows

    Published by Global Banking & Finance Review®

    Posted on December 17, 2025

    1 min read

    Last updated: January 20, 2026

    Growth in UK house prices and private rents slows - Finance news and analysis from Global Banking & Finance Review
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    Tags:UK economyReal estate

    Quick Summary

    UK house prices increased by 1.7% in October, marking the smallest rise since September 2024. Private rents grew by 4.4% in November, the smallest since June 2022.

    UK House Prices and Private Rents See Slower Growth

    LONDON, ‌Dec 17 (Reuters) - British ‍house ‌prices in October were ⁠1.7% ‌higher than a year earlier, the ⁠smallest annual rise since September ​2024 and down ‌from a ⁠downwardly revised increase of 2.0% in ​September, data from the Office for National Statistics showed ​on ‍Wednesday.

    Private-sector rental ​growth slowed to 4.4% in the 12 months to November from 5.0% ⁠in October, the ONS added, ​and the smallest annual increase since June 2022.

    (Reporting ‌by Suban Abdulla, Editing by Paul Sandle)

    Key Takeaways

    • •UK house prices rose by 1.7% in October, the smallest increase since September 2024.
    • •Private-sector rental growth slowed to 4.4% in November.
    • •ONS data highlights a decrease from a 5.0% rise in October.
    • •The housing market shows signs of slowing growth.
    • •This is the smallest rental increase since June 2022.

    Frequently Asked Questions about Growth in UK house prices and private rents slows

    1What are house prices?

    House prices refer to the amount of money required to purchase a residential property. They can fluctuate based on market demand, economic conditions, and location.

    2What are private rents?

    Private rents are the amounts paid by tenants to landlords for the use of residential properties. These rates can vary widely based on location, property type, and market conditions.

    3What is the Office for National Statistics (ONS)?

    The Office for National Statistics (ONS) is the UK's largest independent producer of official statistics, providing important data on various economic and social aspects, including housing and rents.

    4What is rental growth?

    Rental growth refers to the increase in rental prices over a specified period, often measured annually. It indicates the demand and supply dynamics in the rental market.

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