UK house price indicator shows smallest Springtime rise since 2016
Rightmove property website data for UK house asking prices, May 2025:
+0.6% m/m
- prior +1.4%
+1.2% y/y
- prior +1.3%
The average price has moved to a new record high
- but the slowest monthly rise for the time of year in nine years
- highest number of homes for sale in a decade
- demand in April was down 4% compared with April 2024 (citing the end of the tax incentive for purchases of cheaper homes and for first-time buyers on April 1)
