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 in house prices 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. source: Halifax and Bank of Scotland

Housing Index in the United Kingdom averaged 210.54 points from 1983 until 2021, reaching an all time high of 453.43 points in August 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 September of 2021.

Housing Index in the United Kingdom is expected to be 458.00 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

Actual Previous Highest Lowest Dates Unit Frequency
453.43 450.35 453.43 45.16 1983 - 2021 points Monthly
1992=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-08-06 06:00 AM Halifax House Price Index MoM Jul 0.4% -0.6% -0.7%
2021-08-06 06:00 AM Halifax House Price Index YoY Jul 7.6% 8.7% 7.4%
2021-09-07 06:00 AM Halifax House Price Index YoY Aug 7.1% 7.6% 7.3%
2021-09-07 06:00 AM Halifax House Price Index MoM Aug 0.7% 0.4% 1.1% 1%


News Stream
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
UK House Prices Slow as Stamp Duty Holiday Ends
House prices in the UK increased 8.8 percent year-on-year in June of 2021, following an upwardly revised 9.6 percent rise in the previous month which was the highest in 14 years, according to Halifax. On a monthly basis, prices were down 0.5 percent, the first decline since January as the stamp duty holiday wind down. “With the stamp duty holiday now being phased out, it’s was predicted the market might start to lose some steam entering the latter half of the year, and it’s unlikely that those with mortgages approved in the early months of summer expected to benefit from the maximum tax break, given the time needed to complete transactions", Russell Galley, Managing Director, Halifax, said. The average house price was GBP260,538, GBP21,000 higher than last year.
2021-07-07
UK House Price Growth at Near 7-Year High
The Halifax house price index in the United Kingdom rose 9.5 percent from a year earlier in May 2021, the most in nearly seven years and compared with market expectations of a 10 percent advance. Housing market activity continued to be boosted by the government’s stamp duty holiday, with prospective buyers racing to complete purchases in time to benefit from the maximum tax break ahead of June’s deadline, after which there will be a phased return to full rates. The current strength in house prices also points to a deeper and long-lasting change as buyer preferences shift in anticipation of new, post-pandemic lifestyles. All UK regions bar the North East saw an acceleration in year-on-year house price inflation last month. The strongest growth was once again recorded in Wales (up 11.9 percent), closely followed by the North West and Yorkshire & Humber.
2021-06-07

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.