The Halifax house price index rose by 1.1 percent from a month earlier in February 2023, following an upwardly revised 0.2 percent gain in January and easily beating market expectations of a 0.3 percent fall. It was the largest monthly increase since last June, as recent reductions in mortgage rates, improving consumer confidence, and a continuing resilience in the labor market are arguably helping to stabilize prices following the falls seen in November and December. source: Halifax and Bank of Scotland

House Price Index MoM in the United Kingdom averaged 0.50 percent from 1983 until 2023, reaching an all time high of 4.10 percent in July of 1988 and a record low of -2.60 percent in May of 2008. This page includes a chart with historical data for the United Kingdom House Price Index MoM. United Kingdom House Price Index MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

House Price Index MoM in the United Kingdom is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United Kingdom House Price Index MoM

Calendar GMT Actual Previous Consensus TEForecast
2023-02-07 07:00 AM Jan 0% -1.3% -0.8% -0.3%
2023-03-07 07:00 AM Feb 1.1% 0.2% -0.3% -0.3%
2023-04-06 06:00 AM Mar 1.1% 0.6%

Related Last Previous Unit Reference
Housing Index 492.27 486.90 points Feb 2023
Average House Prices 285475.67 281683.91 GBP Feb 2023
House Price Index YoY 2.10 2.10 percent Feb 2023

United Kingdom House Price Index MoM
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
1.10 0.20 4.10 -2.60 1983 - 2023 percent Monthly