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. source: Halifax and Bank of Scotland

Housing Index in the United Kingdom averaged 209.49 points from 1983 until 2021, reaching an all time high of 451.17 points in May 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 July of 2021.

Housing Index in the United Kingdom is expected to be 445.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Index in the United Kingdom to stand at 446.00 in 12 months time. In the long-term, the United Kingdom House Price Index is projected to trend around 440.00 points in 2022 and 446.00 points in 2023, according to our econometric models.

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United Kingdom House Price Index

Actual Previous Highest Lowest Dates Unit Frequency
448.96 451.17 451.17 45.16 1983 - 2021 points Monthly
1992=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-07 07:30 AM Halifax House Price Index MoM May 1.3% 1.5% 1.2% 1.0%
2021-06-07 07:30 AM Halifax House Price Index YoY May 9.5% 8.2% 10% 9.6%
2021-07-07 06:00 AM Halifax House Price Index MoM Jun -0.5% 1.2% 2%
2021-07-07 06:00 AM Halifax House Price Index YoY Jun 8.8% 9.6% 12.3%


News Stream
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
UK House Price Growth Hits 5-Year High
The Halifax house price index in the United Kingdom rose 8.2 percent from a year earlier in April 2021, the most since April 2016, as the market continued to maintain its recent momentum and as the Stamp Duty holiday was extended beyond its March deadline. On a monthly basis, house prices climbed 1.4 percent, the most since last September. “The stamp duty holiday continues to add impetus to an extremely active market, magnifying the current shortage of available homes as buyers aim to take advantage of the Government scheme. The influence of the stamp duty holiday will fade gradually over the coming months as it’s tapered out but low stock levels, low interest rates and continued demand is likely to continue to underpin prices in the market," Russell Galley, Managing Director, Halifax, said.
2021-05-10
UK House Price Growth Accelerates in March
The Halifax house price index in the United Kingdom rose 6.5 percent from a year earlier in March 2021, the most since last November, as confidence in the housing market has been boosted by the continuation of government support measures. "Overall we expect elevated levels of activity to be maintained in the coming months, with consumer confidence spurred on by the successful vaccine rollout, and buyer demand still fueled by a desire for larger properties and more outdoor space, as work-life priorities have shifted during the pandemic. A shortage of homes for sale will also support prices in the short term, as lower availability always favors sellers.", Russell Galley, Managing Director, Halifax, said. "However, with the economy yet to feel the full effect of its biggest recession in more than 300 years, we remain cautious about the longer-term outlook.", he added.
2021-04-09

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.