Prices slowed for September
The latest Government house price report found prices slowing between August and September


House prices rose in September, but not as much as previously this year, found the Government?s Department of Communities and Local Government, as further evidence of a gentle slowdown in the market. The average house price stood at £220,111, up from £219,369 in August, the latest report says, putting house price inflation at 10.8% down from 11.3% in August. The UK-wide figures found inflation down in all four counties in the UK, but fastest in Wales. The highest inflation rate was found to be in London, followed by the South East and the South West, the report says. Brigid O?Leary, property economist at Capital Economics, said that these delayed results reflect an accurate picture of the market, and the slowdown registered here is setting a pattern for these things to continue: ?It can take several months before softer demand is reflected in house price data at the final stage of the buying process. But as weaker market fundamentals take hold of the housing market, house price growth will slow materially,? she said.
Sign up for the Country Life Newsletter
Exquisite houses, the beauty of Nature, and how to get the most from your life, straight to your inbox.
-
The King's favourite tea, conclave and spring flowers: Country Life Quiz of the Day, April 22, 2025
Tuesday's Quiz of the Day blows smoke, tells the time and more.
By Toby Keel
-
London is the place for me* (*the discerning property buyer)
With more buyers looking at London than anywhere else, is the 'race for space' finally over?
By Annabel Dixon