The Halifax House Price Index in the UK jumped 7.4% year-on-year in September of 2021, higher than 7.2% in August and reversing the recent three-month downward trend as the stamp duty holiday draws to a close. On a monthly basis, house prices jumped 1.7%, the most since February 2007. The price of an average house is now as expensive as it has ever been, standing at just over £267,500. “Against a backdrop of rising pressures on the cost of living and impending increases in taxes, demand might be expected to soften in the months ahead, with some industry measures already indicating lower levels of buyer activity. Nevertheless, low borrowing costs and improving labour market prospects for those already in employment are likely to continue to provide support. Perhaps the biggest factor in determining the future of house prices remains the limited supply of available properties”, Russell Galley, Managing Director, Halifax, said. source: Halifax and Bank of Scotland

Housing Index in the United Kingdom averaged 211.08 points from 1983 until 2021, reaching an all time high of 461.40 points in September of 2021 and a record low of 45.16 points in January of 1983. This page provides - United Kingdom House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom House Price Index - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Housing Index in the United Kingdom is expected to be 465.00 points 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 is projected to trend around 466.00 points in 2022 and 470.00 points in 2023, according to our econometric models.

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United Kingdom House Price Index


Calendar GMT Actual Previous Consensus TEForecast
2021-10-07 06:00 AM Halifax House Price Index MoM Sep 1.7% 0.8% 1.2%
2021-10-07 06:00 AM Halifax House Price Index YoY Sep 7.4% 7.2% 6.6%


Related Last Previous Unit Reference
Housing Index 461.40 453.80 points Sep/21

News Stream
UK House Prices Surge in September
The Halifax House Price Index in the UK jumped 7.4% year-on-year in September of 2021, higher than 7.2% in August and reversing the recent three-month downward trend as the stamp duty holiday draws to a close. On a monthly basis, house prices jumped 1.7%, the most since February 2007. The price of an average house is now as expensive as it has ever been, standing at just over £267,500. “Against a backdrop of rising pressures on the cost of living and impending increases in taxes, demand might be expected to soften in the months ahead, with some industry measures already indicating lower levels of buyer activity. Nevertheless, low borrowing costs and improving labour market prospects for those already in employment are likely to continue to provide support. Perhaps the biggest factor in determining the future of house prices remains the limited supply of available properties”, Russell Galley, Managing Director, Halifax, said.
2021-10-07
UK House Price Growth Eases to 5-Month Low
The Halifax House Price Index in the UK rose by 7.1 percent year-on-year to a record of £262,954 in August 2021, the smallest gain since March as much of the impact from the stamp duty holiday faded. However, other significant drivers of house price inflation should continue to provide some support. “We believe structural factors have driven record levels of buyer activity - such as the demand for more space amid greater home working.", Russell Galley, Managing Director, Halifax, said. "Moreover, the macroeconomic environment is becoming increasingly positive, with job vacancies at a record high and consumer confidence returning to pre pandemic levels. Coupled with a supply of properties for sale that looks increasingly tight, and barring any reimposition of lockdown measures or a significant increase in unemployment as job support schemes are unwound later this year, these factors should continue to support prices in the near-term", he added.
2021-09-07
UK House Price Growth at 4-Month Low
House prices in the UK increased 7.6 percent year-on-year in July of 2021, the least since March mainly due to the strength of price inflation seen last summer, as the market began its recovery from the first lockdown, and with activity supported by the start of the stamp duty holiday. On a monthly basis, prices were up 0.4 percent, rebounding from an upwardly revised 0.6 percent drop in June. “Recent months have been characterised by historically high volumes of buyer activity, with June the busiest month for mortgage completions since 2008. This has been fueled both by the ‘race for space’ and the time-limited stamp duty break. With the latter now entering its final stages (the zero percent rate only applies to the first £250,000 of the purchase price, before reverting back to standard rates from October), buyer activity should continue to ease over the coming months, and a steadier period for the market may lie ahead.", Russell Galley, Managing Director, Halifax, said.
2021-08-06

United Kingdom House Price Index
In the United Kingdom Housing Index refers to Halifax House Price Index. The Index is based on a sample of mortgage data covering around 15,000 house purchases per month.