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flag UK house prices rose 0.3% in October 2025, the weakest increase in over ten years, due to record listings and tax uncertainty.

flag UK house prices rose just 0.3% in October 2025, the weakest October increase in over a decade, reaching an average of £371,422, according to Rightmove, as a record number of homes for sale reduced seller pricing power. flag Annual prices were down 0.1%, with London and southern England declining, partly due to higher stamp duty. flag Uncertainty over potential property tax changes in the upcoming autumn Budget is causing buyers, especially in high-cost areas, to delay decisions, weakening demand despite stable mortgage rates and improved lending. flag First-time buyers remain active, aiming to move by year-end, while experts expect the market to gain momentum once budget clarity arrives.

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