GBAF Logo
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

Add as preferred source on Google
Growth in UK house prices and private rents slows
UK economy Real estate
Global Banking & Finance Awards 2026 — Call for Entries

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

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

What 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.
What 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.
What 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.
What 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.

Tags

Related Articles

Image for Trump says he speaks with Putin and Zelenskiy -Fox News

Trump says he speaks with Putin and Zelenskiy -Fox News

Image for Trump tells Fox News Iran can call US if it wants to negotiate

Trump tells Fox News Iran can call US if it wants to negotiate

Image for Australia's Wong to visit Japan, China, South Korea to discuss energy security

Australia's Wong to visit Japan, China, South Korea to discuss energy security

Image for Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Image for Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Image for Russian defence minister visits North Korea

Russian defence minister visits North Korea

More from Finance

Explore more articles in the Finance category

Image for Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says
Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says
Image for Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Image for Germany's far-right AfD rises to record 28%, INSA poll shows
Germany's far-right AfD rises to record 28%, INSA poll shows
Image for German government suspects Russia of Signal attack targeting politicians, sources say
German government suspects Russia of Signal attack targeting politicians, sources say
Image for Romania finds parts of second drone after overnight Russian attack on Ukraine
Romania finds parts of second drone after overnight Russian attack on Ukraine
Image for China condemns EU's inclusion of Chinese entities in sanctions package against Russia
China condemns EU's inclusion of Chinese entities in sanctions package against Russia
Image for Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Image for Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Image for France's Macron says EU mutual assistance clause is unambiguous
France's Macron says EU mutual assistance clause is unambiguous
Image for US to let Venezuela pay Maduro's lawyer in drug trafficking case
US to let Venezuela pay Maduro's lawyer in drug trafficking case
Image for Italy votes down equal parental leave while fathers redefine their role online
Italy votes down equal parental leave while fathers redefine their role online
Image for German auto industry faces even tougher competition as China economy slows
German auto industry faces even tougher competition as China economy slows
View All Finance Posts