Royaume-Uni Nationwide Housing Prices YoY

The UK Nationwide House Price Index rose by 3.4% year-on-year in April 2025, following a 3.9% increase in March, falling short of market expectations for a 4.1% rise. This marks the softest house price growth since October last year. On a month-to-month basis, house prices declined by 0.6%, the first drop since last August, compared to March’s and forecasts of a flat reading. Robert Gardner, Nationwide's Chief Economist, noted that the slowdown in house price growth was anticipated due to the stamp duty changes introduced at the start of the month. The housing market is also projected to remain subdued over the coming months, reflecting the typical trend observed after stamp duty holidays end. However, activity is expected to gradually recover as summer progresses, supported by favorable conditions for prospective homebuyers, despite ongoing global economic uncertainties.