Housing Market Update - April 2025
The April 2025 update reports a slight dip in house price growth and a continued slowdown in rental growth. Economic and geopolitical uncertainties are impacting consumer confidence and housing demand.
Report summary
The report discusses the effects of recent stamp duty changes, global trade tensions, and domestic economic challenges on the UK housing market. House price growth is slowing, with regional variations, and rental growth is at its lowest rate in over two years.
The document provides detailed statistics on mortgage approvals, regional prices, and rental trends. The outlook is cautious, with expectations of subdued growth and continued market softening.
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