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UK house prices stagnated in June, Halifax data shows

  • Halifax recorded a 0% month-on-month change in typical UK property values in June, following a 0.3% fall in May.
  • The average house price in the UK is £296,665, which is around 2.5% higher than last year.
  • Expectations indicate modest single-digit house price growth in 2025 as rates decrease in the second half of the year.
  • A noticeable uplift in buyer and seller confidence is observed, supported by falling mortgage rates and greater market choice.
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Forbes broke the news in United States on Thursday, January 2, 2025.
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