Finance
UK house prices rise by 2.4% in annual terms in December, ONS says
Published by Global Banking & Finance Review®
Posted on February 18, 2026
1 min readLast updated: February 18, 2026
Quick Summary
UK house prices rose by 2.4% in December, according to ONS, marking a slowdown from November's 2.8%. Rent growth also slowed to 3.5% in January.
UK house prices rise by 2.4% in annual terms in December, ONS
Overview of UK House Price Trends
LONDON, Feb 18 (Reuters) - British house prices increased by 2.4% in the 12 months to December, down from a 2.8% rise in the year to November, the Office for National Statistics said on Wednesday.
Monthly Rent Growth Analysis
Increases in average monthly rent slowed to 3.5% in annual terms in January, the lowest rate of growth since March 2022 and down from 4.0% in December.
Year-on-Year Comparisons
(Reporting by Suban AbdullaEditing by William Schomberg)
Key Takeaways
- •UK house prices rose by 2.4% annually in December.
- •The increase is down from a 2.8% rise in November.
- •ONS provides the latest data on the housing market.
- •Monthly rent growth slowed to 3.5% in January.
- •January's rent growth is the lowest since March 2022.
Frequently Asked Questions about UK house prices rise by 2.4% in annual terms in December, ONS says
1What is a house price index?
A house price index measures the relative changes in the price of residential properties over time, providing insights into market trends and property values.
2What is annual rent growth?
Annual rent growth refers to the percentage increase in rental prices over a year, indicating how much rent has risen compared to the previous year.
