UK house prices dip for first time since March, Halifax says
- House prices fell for the first time in nine months in December, with average prices dropping by 0.2 percent to £297,166 according to Halifax.
- The stamp duty holiday, ending in March, is prompting sellers to lower asking prices to attract buyers before the deadline.
- Experts predict a rush of first-time buyers looking to complete purchases before the stamp duty changes take effect in April.
- Mortgage affordability remains a challenge, but buyer demand is expected to hold up relatively well in 2025, as stated by Amanda Bryden from Halifax.
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Total News Sources0
Leaning Left2Leaning Right2Center3Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
42% Center
L 29%
C 42%
R 29%
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