The Halifax House Price Index has just been published this morning – let’s take a look at the statistics.
Halifax has reported in their latest HPI data that house prices have remained flat in June at 0.0% in comparison to the drop in May with -0.3%. The statistics may suggest that house prices are starting to stabilise, after a period of steady increase in the previous month.
- Monthly Change: 0.0% – house prices plateaued in contrast with May as there was a -0.3% decline
- Annual Growth: Prices are down slightly in June with +2.5% compared to +2.6% in May
- First-Time Buyer: The number has improved and has returned to the same as pre-stamp duty change levels
- Regional Standouts: Northern Ireland has the highest rate of annual price growth in the UK as it went up by +9.6%. The average house is now £212,189
Amanda Bryden, Head of Mortgages, Halifax said: “The market’s resilience continues to stand out and, after a brief slowdown following the spring stamp duty changes, mortgage approvals and property transactions have both picked up, with more buyers returning to the market. That’s being helped by a few key factors: wages are still rising, which is easing some of the pressure on affordability, and interest rates have stabilised in recent months, giving people more confidence to plan ahead.
She further adds “of course, challenges remain. Affordability is still stretched, particularly for those coming to the end of fixed-rate deals. The economic backdrop also remains uncertain; while inflation has eased, it’s still above target, and there are signs the jobs market may be softening.”
The next House Price Index report is due for release on Thursday 7th August 2025, offering more insights on the UK property market trends and house price movements.
