The Halifax House Price Index (HPI) for April 2026 was published last Friday. The Index suggests that the housing market may be moving into a period of stabilisation, rather than continued growth.
Rob Gurney, Managing Director at Ochresoft, shared his views on the data and what it means for conveyancers.
“The April Halifax House Price Index points to a housing market that is broadly stable but losing momentum, with prices edging down slightly month‑on‑month and annual growth slowing to just 0.4%.
For the conveyancing profession, this suggests a more cautious market environment, where affordability pressures, economic uncertainty and higher borrowing costs are likely to temper transaction volumes in the near term.
However, the continued resilience in pricing and underlying demand indicates that activity is not falling away entirely but rather normalising after a stronger start to the year, creating a more measured and predictable pipeline for firms.”
Key statistics in April:
- Average UK house price: £299, 313 in comparison to 299,609 in March
- Monthly change: -0.1% (following a -0.5% in March)
- Annual growth: +0.4% (down from +0.8% in March)
- Notable trend: Northern Ireland continues to lead with the strongest annual growth at +7.6%
The next Halifax House Price Index is scheduled for release on Friday 5th June 2026. We’ll continue to track the latest updates and share what they mean for conveyancers and property professionals.
