UK House Prices Drop for 1st Time in 9 Months, Halifax Says

Major house price update shared by Halifax after five months of consecutive increases
On an annual basis, property prices increased by 3.3% typically, taking the average UK house price to £297,166, Halifax said
UK House Prices Drop for First Time in Nine Months, Halifax Says
UK house prices slipped back for the first time in nine months even as the property market enjoyed its best year since the pandemic, according to one of the country’s largest mortgage lenders.
UK house prices dip in December, Halifax says
UK house prices fell back slightly in December, undershooting economists’ expectations and marking the first contraction since March, according to the lender Halifax.
UK house prices dip for first time since March - Halifax
British house prices dropped unexpectedly last month for the first time since March although they finished the year higher than in December 2023, figures from mortgage lender Halifax showed on Tuesday.
House prices fell slightly last month but typical home worth £10k more than a year ago, Halifax says
It means house prices finished last year 3.3 per cent up, with the typical home worth £297,166. In total, house prices rose by just under £10,000 in 2024. Amanda Bryden, head of mortgages at Halifax, said: 'The housing market was broadly steady at the start of 2024, with house price growth taking off from the summer onwards.
Live news: UK house prices decline in December, Halifax data shows
UK house prices fell back slightly in December, according to lender Halifax, undershooting economists’ expectations.
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