UK house price growth slows to 2.7% in May as rents rise 3.3% in June

London, United Kingdom. British house prices rose 2.7% in the year to May, slowing from an upwardly revised 3.9% annual increase in April, according to the Office for National Statistics.

House prices

The Office for National Statistics said annual house price growth eased to 2.7% in May after increasing by 3.9% in the year to April.

Private rents

Average monthly private rents across the United Kingdom rose 3.3% in the year to June, matching the annual rate recorded in the 12 months to May, the ONS said.