Choice pushing back market

Greater numbers of homes for sale in UK slowing pace of price growth

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The pace that house prices are growing has slowed in recent months amid a greater choice of homes for sale in areas such as southern England, according to a property website.

Speculation that the Government is considering overhauling property taxes could also see buyers delay decisions until after the autumn budget, experts said.

Average UK house prices grew by 1.3% over the year to July, Zoopla’s index showed.

This is below the 2.1% inflation rate recorded at the start of 2025, but higher than 0.6% a year ago.

The average price of a home sold in the UK is £270,600 - which is £3,560 more than a year ago, it found.

Zoopla said that slower price inflation was partly down to there being a greater choice of homes for sale - with 10% more on the market in recent weeks than the same period last year.