The Halifax House Price Index showed UK house prices rose 0.4% year-on-year in April 2026, below expectations of a 0.6% increase and following a 0.8% gain in March, marking the softest annual growth in four months. The average UK home price stood at £299,313. On a monthly basis, prices fell 0.1%, in line with expectations and after a 0.5% decline in the previous period. Amanda Bryden, Head of Mortgages at Halifax, said the UK housing market slowed in April as global uncertainty and rising energy prices lifted inflation expectations and borrowing costs, making households more cautious. Still, she noted the market remains relatively resilient, supported by wage growth outpacing house price inflation and the prevalence of fixed-rate mortgages. Regionally, Northern Ireland recorded the strongest annual house price growth at 7.6%, followed by the North East at 4.5% and Scotland at 4.0%, while prices fell in the South East (-2.0%) and London (-1.4%). source: Halifax and Bank of Scotland

House Price Index YoY in the United Kingdom decreased to 0.40 percent in April from 0.80 percent in March of 2026. House Price Index YoY in the United Kingdom averaged 6.11 percent from 1984 until 2026, reaching an all time high of 34.50 percent in October of 1988 and a record low of -16.80 percent in February of 2009. This page includes a chart with historical data for the United Kingdom House Price Index YoY. United Kingdom House Price Index YoY - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

House Price Index YoY in the United Kingdom decreased to 0.40 percent in April from 0.80 percent in March of 2026. House Price Index YoY in the United Kingdom is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom House Price Index YoY is projected to trend around 4.50 percent in 2027 and 5.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-08 06:00 AM
Halifax House Price Index YoY
Mar 0.8% 1.2% 1.5% 1.3%
2026-05-08 06:00 AM
Halifax House Price Index YoY
Apr 0.4% 0.8% 0.6% 0.8%
2026-06-05 06:00 AM
Halifax House Price Index YoY
May 0.4% 0.6%


Related Last Previous Unit Reference
Average House Prices 299313.00 299609.00 GBP Apr 2026
Construction Orders YoY -11.90 28.10 percent Mar 2026
Construction Output YoY -0.30 -1.60 percent Mar 2026
Mortgage Lending 6152.00 5223.00 GBP Million Mar 2026
Home Ownership Rate 64.50 64.70 percent Dec 2023
Halifax House Price Index MoM -0.10 -0.50 percent Apr 2026
Halifax House Price Index YoY 0.40 0.80 percent Apr 2026
Housing Index 516.10 516.60 points Apr 2026
Housing Starts 37300.00 30320.00 units Dec 2025
Mortgage Approvals 63.53 62.71 Thousand Mar 2026
BBA Mortgage Rate 6.60 6.60 percent Apr 2026
Nationwide Housing Prices 554.80 553.00 points Apr 2026
Nationwide Housing Prices MoM 0.40 0.90 percent Apr 2026
Nationwide Housing Prices YoY 3.00 2.20 percent Apr 2026
Price to Rent Ratio 110.71 111.09 Dec 2025
Private Rental Prices YoY 3.50 3.40 percent Apr 2026
Residential Property Prices 2.47 2.67 Percent Dec 2025
RICS House Price Balance -34.00 -25.00 percent Apr 2026


United Kingdom House Price Index YoY
The Halifax House Price Index is the UK's longest running monthly house price series with data covering the whole country going back to January 1983. From this data, a "standardized" house price is calculated and property price movements on a like -for-like basis (including seasonal adjustments) are analyzed over time.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.80 34.50 -16.80 1984 - 2026 percent Monthly
SA

News Stream
UK House Prices Rise Less Than Expected
The Halifax House Price Index showed UK house prices rose 0.4% year-on-year in April 2026, below expectations of a 0.6% increase and following a 0.8% gain in March, marking the softest annual growth in four months. The average UK home price stood at £299,313. On a monthly basis, prices fell 0.1%, in line with expectations and after a 0.5% decline in the previous period. Amanda Bryden, Head of Mortgages at Halifax, said the UK housing market slowed in April as global uncertainty and rising energy prices lifted inflation expectations and borrowing costs, making households more cautious. Still, she noted the market remains relatively resilient, supported by wage growth outpacing house price inflation and the prevalence of fixed-rate mortgages. Regionally, Northern Ireland recorded the strongest annual house price growth at 7.6%, followed by the North East at 4.5% and Scotland at 4.0%, while prices fell in the South East (-2.0%) and London (-1.4%).
2026-05-08
UK House Price Growth Below Expectations
The Halifax House Price Index showed UK house prices rose 0.8% year-on-year in March 2026, below the expected 1.5% and down from a revised 1.2% in February, marking the softest annual growth in three months. The average UK home was £299,677. On a monthly basis, prices fell 0.5%, defying expectations of a 0.1% gain and marking the first decline in three months. Amanda Bryden, Head of Mortgages at Halifax, said the slowdown reflects geopolitical uncertainty in the Middle East. Rising energy prices have fueled higher inflation expectations, pushing mortgage rates up and weakening confidence that interest rates will be cut this year, which has dampened early-year market momentum. In regional terms, southern markets lagged, with the South East down 1.9% and London falling 1.2%. Wales saw modest growth (+1.6%), followed by the North West (+3.1%) and Scotland (+4.4%), while the North East (+5%) and Northern Ireland (+8.7%) recorded the strongest gains.
2026-04-08
UK House Price Growth Above Forecasts
The Halifax House Price Index showed UK house prices rose 1.3% year-on-year in February 2026, more than the expected 0.9% gain, from a revised 1.1% increase in January, marking the strongest annual growth in four months. The average UK home reached a new high of £301,151. On a monthly basis, prices rose 0.3%, following a 0.8% gain in January. Amanda Bryden, Head of Mortgages at Halifax, said the market maintained early-year momentum, with prices up around £3,000 since January. Affordability remains stretched and supply constrained, but easing interest rates and real wage growth are supporting buyers. Regional growth was led by Northern Ireland (6.3%) and Scotland (4.7%), followed by Wales (2.4%) and northern England, including the North East (3.5%) and North West (2.9%). Southern markets lagged, with the South East down 2.2% and London falling 1%. Halifax noted mortgage approvals and geopolitical uncertainties may affect borrowing costs and future price growth.
2026-03-06