UK house price growth slowed for the first time in six months in January ahead of the end of the stamp duty holiday in March, data from the Nationwide Building Society showed on Tuesday.
House prices climbed 6.4 percent on a yearly basis, but weaker than the 7.3 percent increase logged in December. Economists had forecast an annual growth of 6.9 percent.
This was the first time that house price growth weakened in the current sequence of growth that started in July.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.