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Halifax House Price Index: August Prices Remain Stable

The latest Halifax House Price Index reveals that house prices remain stable for August as Brexit uncertainty rumbles on.

As revealed in the national banks’ Index, house prices rose 0.3% compared to June, while demonstrating a quarterly change of just +0.1%.

Across the board, the most significant change was demonstrated in the annual change, which saw a rise of +1.8%

Despite the gains-albeit marginal – there remains a significant lack of stock of homes for sale across the country.

As the data from RICS shows below, home sales are reducing across the board. July saw 86,630 home sales, which on a Year-on-Year basis, were approximately 12.4% lower than July 2018.

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