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"The UK housing market is experiencing an earlier-than-usual slowdown ahead of the festive period, with buyer demand and agreed sales significantly down compared to a year ago, property website Zoopla has reported. This annual dip has been amplified by a strong final quarter in 2024, when many rushed to complete sales before stamp duty discounts became less generous in April 2025. Uncertainty surrounding the autumn Budget is also acting as a drag on agreed sales, particularly for homes priced above 500,000."
The Independent funds on-the-ground reporting and prioritizes paywall-free access so journalism remains available to all, supported by donations. Journalists are dispatched to cover topics from reproductive rights to climate change and Big Tech, with reporting aimed at parsing facts from messaging. The UK housing market is experiencing an earlier-than-usual slowdown ahead of the festive period, with buyer demand and agreed sales significantly down year-on-year. A strong final quarter in 2024 amplified the dip as buyers rushed to complete sales before stamp duty discounts were reduced in April 2025. Regional patterns show stronger growth in Scotland, Wales, northern England and Northern Ireland, while southern England and London face stalled price growth.
Read at www.independent.co.uk
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