There are more homes available for purchase in the south of England, Zoopla data shows.
There are 21% more homes for sale in the South West compared to this time last year, with 17% more in London and 15% more in the South East, resulting in slower growth.
In contrast, there are just 3% more homes for sale in the North West and 5% more in Scotland than a year ago.
Tom Bill, head of UK residential research at Knight Frank, said: “Buyers can see there is a healthy supply of property on the market this spring, which means they have become choosier.
“Stamp duty has also become more expensive since April, especially for second homes, which has increased the mood of hesitation.
“Together with a sense that economic pressures may increase this year, it means asking prices will need to be particularly realistic to attract interest.”
House price growth is less than 1% across all regions of southern England, from 0.5% in the South East to 0.9% in the South West.
However, lower availability of homes for sale, better affordability and faster growth in sales explain why house prices are 3% higher across the North West and 2.9% higher in Scotland, with above-average price rises recorded across northern England and Northern Ireland.
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