Transactions took a dive, the latest data shows.
According to the ONS and Land Registry, sales in October – the most recent month for which there are statistics – fell in England to 66,599, compared with 77,047 the previous October.
Sales were also down in Wales, from 4,471 to 3,911, but static in Scotland at just over 9,000.
In Northern Ireland, sales in the last quarter of last year fell to 5,736 compared with 6,784.
The ONS also reports that in December, the average UK price was £230,776, up 2.5% over the year, and 0.2% measured monthly.
It is the lowest rate of annual house price growth since July 2013.
The ONS also reported on lettings, saying that private rents rose by 1% between January last year and last month.
In England, rent prices increased 1.1%. Excluding London, they were up 1.5%.