US EditionAverage Property Value Slips 0.8% In June – Nationwide
UNITED KINGDOM, JUN 30 – House price growth slowed due to weaker demand after April's stamp duty rise, with Northern Ireland leading at 9.7% annual growth, Nationwide reported.
- Nationwide reported that UK average house prices fell by 0.8% month-on-month in June 2025, with annual growth slowing to 2.1%.
- The price dip followed weaker demand after the April increase in stamp duty and the end of the March stamp duty holiday.
- Terraced houses led growth with a 3.6% rise year-on-year, while flats saw growth slow to 0.3%, and Northern Ireland remained the strongest region at 9.7%.
- Mortgage approvals increased in May, interest rates trended downward, and estate agents noted steady sales despite sellers lowering asking prices to attract buyers.
- Experts expect housing market activity to improve through summer, supported by underlying conditions despite global economic uncertainties and slowing wage growth.
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Average UK house price dipped by 0.8%-month-on-month in June, says Nationwide
The softening in price growth may reflect weaker demand following stamp duty rises at the start of April, Nationwide Building Society said.
·London, United Kingdom
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Leaning Left3Leaning Right0Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 43%
C 57%
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