British house price growth slows to weakest annual pace since early 2024 as market momentum stalls

British house prices grew only 0.3 percent annually in December 2025 while month-on-month values fell. This marks the weakest yearly increase since March 2024.

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The rate of annual house price growth in GB GBGBslowed significantly at the end of 2025, reaching its lowest level in nearly a year. According to data released by Halifax, a division of Lloyds Banking Group LLOY.LLLOY.L, property prices rose by just 0.3 percent in the twelve months leading up to December. This represents the weakest annual performance for the housing market since March 2024 and missed economist expectations, as analysts polled by Reuters had previously forecast an annual increase of 1.1 percent.
Rows of houses are seen in Bristol, Britain, August 11, 2023. REUTERS/Toby Melville
Rows of houses are seen in Bristol, Britain, August 11, 2023. REUTERS/Toby Melville

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