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UK house prices clock biggest monthly fall in 2 years
- Nationwide reported a 0.8% monthly decline in UK house prices in June 2025, the largest in over two years, driven by the end of the stamp duty holiday.
- The end of April's stamp duty holiday, raising thresholds from £250,000 to £125,000, led to weaker demand and a June price drop as buyers faced higher costs.
- Data shows UK house prices fell 0.8% in June 2025, the largest monthly decline in over two years, amid rising mortgage approvals and slowing annual growth.
- Property developers faced pressure as UK housebuilding stocks fell 1.2%, with major firms like Barratt, Redrow, and Taylor Wimpey underperforming amid the steepest monthly house price decline in over two years.
- Economists expect two rate cuts to 3.75% by year's end, supporting a housing market recovery after weak growth and the recent price slump.
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UK house prices see biggest drop since November 2022
British house prices fell by 0.8% in June, a sharper fall than forecast and the biggest monthly decline in more than two years, as a discount on property transactions ended, data from mortgage lender Nationwide showed today.
·Ireland
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Total News Sources13
Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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