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The average UK house price rose by 3.8% in the year to April 2026, reaching £270,000, according to the Office for National Statistics (ONS). The increase was the strongest annual growth since March 2025 and was partly influenced by comparisons with a sharp fall in prices following stamp duty changes last year. House prices increased across England, Wales, Scotland and Northern Ireland, with the North East recording the fastest growth at 9.9%. In contrast, London remained the weakest-performing region, with prices falling 2.1% year-on-year for the ninth consecutive month. Despite the rise, property experts said the market remains favourable for buyers, with demand weakening and more homes available for sale. Meanwhile, average private rents reached £1,383 per month in May, up 3.3% annually, while inflation remained steady at 2.8%, easing pressure on mortgage borrowers. |
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City AM (18/06/2026) Daily Express (18/06/2026) The Daily Telegraph (18/06/2026) The Independent (18/06/2026) |