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UK house prices rise by least since March 2024, Halifax data shows
Average UK house prices fell 0.6% in December to £297,755, the lowest since June 2025, as regional trends diverged with Northern Ireland up 7.5% and London down 1.3%, Halifax said.
- On 08/01/2026 Halifax said UK house prices fell 0.6% in December, down £1,789 to £297,755, the lowest since June last year.
- On an annual basis, Halifax found annual growth slowed to 0.3%, with Northern Ireland up 7.5% and London down 1.3%.
- On Boxing Day, Rightmove recorded its busiest December 26 for website visits and most new listings were smaller homes with two bedrooms or fewer, often targeted by first-time buyers.
- Halifax expects a modest house price rise of between 1% and 3%, as mortgage rates are already reducing after the Bank of England's latest cut, according to Amanda Bryden.
- Karen Noye said year-end timing and the late budget prompted many households to pause moving plans, while estate agents Jeremy Leaf and Amy Reynolds report a post-budget bounce but caution on affordability remains.
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UK house prices rise by least since March 2024, Halifax data shows
British house prices rose by a slower-than-expected 0.3% in the 12 months to December, the weakest annual increase since March 2024, as economic and tax uncertainty overshadowed the market at the end of the year, mortgage lender Halifax said on Thursday.
·United Kingdom
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Industry reaction as UK house prices hit six-month low
Industry reaction as UK house prices hit six-month low - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.
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Total News Sources17
Leaning Left3Leaning Right1Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 38%
C 50%
12%
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