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. source: Halifax and Bank of Scotland
Housing Index in the United Kingdom averaged 207.92 points from 1983 until 2021, reaching an all time high of 439 points in March 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 May of 2021.
Housing Index in the United Kingdom is expected to be 436.00 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 422.00 in 12 months time. In the long-term, the United Kingdom House Price Index is projected to trend around 429.00 points in 2022 and 436.00 points in 2023, according to our econometric models.