UK November Halifax house prices +0.5% vs +1.1% m/m prior

  • Latest data released by Halifax - 7 December 2023
  • Prior +1.1%

UK house prices rose for a second month in a row, with the average house price now sitting at £283,615. This reaffirms that property prices have held up much better than expected despite higher interest rates, with the annual change in house prices only being -1.0% and still some £40,000 above pre-pandemic levels.

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