House Prices 'Continue to Surprise' as Average Property Value Ticks up in May
10 Articles
10 Articles
UK house prices hold up despite challenging market – Mortgage Finance Gazette
Average UK house prices increased by 3.9%, to £269,000, in the 12 months to May 2025 (provisional estimate); according to the latest figures from the Office for National Statistic. This annual growth rate is up from 3.6% in the 12 months to April 2025. The… The post UK house prices hold up despite challenging market appeared first on Mortgage Finance Gazette.
What the latest ONS housing data means for the market: industry reaction - IFA Magazine
Following the release of this morning’s House Price Index (HPI) by the Office for National Statistics (ONS), new data shows that average UK house prices rose by 3.9% in the 12 months to May 2025, reaching £269,00. Based on the release, industry experts and professionals have provided further insight into what this means for the sector moving foward. Kevin Roberts, Managing Director, Mortgage Services, L&G comments: “Momentum is building in the h…
House prices 'continue to surprise' as average property value ticks up in May
UK house prices rose again in May, bucking predictions of a slowdown in the market after stamp duty relief was axed earlier this year. The average price for a UK property reached £269,000 in May, up 3.9 per cent year on year and 1.1 per cent month on month. The bulk of this increase was again driven by house price rises in the North East and Northern Ireland, with inflation in London and the South East hovering around two per cent. Other region…
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