US EditionUK house prices stagnated in June, Halifax data shows
UNITED KINGDOM, JUL 7 – House prices rose 2.5% annually in June, the slowest growth since last July, amid high seller numbers and the end of stamp duty discounts, Halifax reported.
- 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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32 Articles
32 Articles
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Left
5
Center
9
Right
2
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Total News Sources32
Leaning Left5Leaning Right2Center9Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 31%
C 56%
13%
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