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.