Finance
UK house prices rise by least since April 2024, Halifax says
Published by Global Banking and Finance Review
Posted on October 7, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 7, 2025
1 min readLast updated: January 21, 2026
UK house prices increased by 1.3% annually in September, marking the slowest growth since April 2024, with a 0.3% monthly decline, according to Halifax.
LONDON (Reuters) -British house prices rose by 1.3% in the 12 months to September, the weakest annual increase since April 2024, and unexpectedly fell in month-on-month terms, dropping by 0.3% from August, mortgage lender Halifax said on Tuesday.
Economists polled by Reuters had forecast prices would rise 0.2% on the month and be 2.2% higher than a year earlier.
British house prices have increased more slowly this year than they did in the second half of 2024 as worries have grown about the economy and potentially more tax on properties as finance minister Rachel Reeves looks to shore up her budget.
Data from rival mortgage lender Nationwide published last week showed that prices rose by 0.5% in September alone, pushing annual house price inflation up to 2.2%.
(Writing by William Schomberg; Editing by Kate Holton)
House prices refer to the market value of residential properties, which can fluctuate based on various economic factors, demand, and supply.
The annual growth rate is the percentage increase in a value over a year, often used to measure the growth of investments or economic indicators.
Economic factors are variables that influence the economy and can affect markets, such as interest rates, inflation, and employment levels.
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