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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

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UK house price growth halved in April, ONS says
UK economy Housing market property prices
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(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

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

What 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.
What 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.
Who 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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