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.

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United Kingdom House Price Index

Actual Previous Highest Lowest Dates Unit Frequency
439.00 434.30 439.00 45.16 1983 - 2021 points Monthly
1992=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-05 08:30 AM Halifax House Price Index MoM Feb -0.1% -0.4% 0% 0.2%
2021-03-05 08:30 AM Halifax House Price Index YoY Feb 5.2% 5.4% 4.55% 5%
2021-04-09 07:30 AM Halifax House Price Index MoM Mar 1.1% 0% 0.2%
2021-04-09 07:30 AM Halifax House Price Index YoY Mar 6.5% 5.2% 5.1%


News Stream
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
UK House Price Growth Slows to 6-Month Low
The Halifax house price index in the United Kingdom rose 5.2 percent from a year earlier in February 2021, the smallest increase since last August and compared with market expectations of a 4.55 percent advance, pointing to a solid housing market following an extremely strong period of activity in the second half of last year. On a monthly basis, house prices edged down 0.1 percent. "The housing market has been at something of a crossroads at the start of this year, with upcoming events key to determining the path of activity and prices over the next few months. The government’s decision to extend the stamp duty holiday – one of the main drivers of demand from homemovers during the pandemic – has removed a great deal of uncertainty for buyers with transactions yet to complete. The new mortgage guarantee scheme is another welcome development from this week’s Budget" Russell Galley, Managing Director, Halifax, said.
2021-03-05
UK House Prices Cool in January: Halifax
UK house prices went up 5.4% yoy to an average of GBP 251,968 in January of 2021, lower than market forecasts of a 5.9% rise and following a 6% increase in December and a record 7.6% jump in November. On a monthly basis, house prices fell 0.3%, the most since April and compared to forecasts of a 0.3% increase. “There are some early signs that the upturn in the housing market could be running out of steam, with the annual rate of house price inflation cooling to its lowest level since August. Industry figures for agreed sales remain well above pre-pandemic levels but new instructions to sell have decreased noticeably, and total stock held by estate agents has risen to its highest level since before the EU referendum in 2016. Given the current time to completion across the market, transactions in the early part of 2021 probably don’t include many borrowers who expect to benefit from the stamp duty reprieve", Russell Galley, Managing Director at Halifax said.
2021-02-05
UK House Prices Rise to Record
UK house prices rose 6% from a year earlier in December to an average 253,374 GBP, the most on record, following a biggest on record gain of 7.6% in November supported by pent-up demand, a desire amongst buyers to move out of big cities in the wake of COVID-19 and the time-limited incentive of the stamp duty holiday. On a monthly basis, house prices increased 0.2% stretching the current run of continuous gains to six months. “In the near-term, and with mortgage approvals still sitting at a 13-year high, there may be enough residual strength in the market to sustain prices up to the deadline for the stamp duty holiday and the scaling back of Help to Buy at the end of March. However, with the pace of the UK’s economic recovery expected to be constrained by the renewed national lockdown, and unemployment widely predicted to rise in the coming months, downward pressure on house prices remains likely as we move through 2021”, Russell Galley, Managing Director, Halifax, said.
2021-01-08

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.