Halifax House Price Index April 2024

Key Takeaways

Average house prices rose by +0.1% in April on a monthly basis, following a fall of -0.9% in March. This was attributed partially to the base effect of weaker price growth last year.
Property prices grew annually by +1.1%, compared to +0.4% in the previous month.
The typical UK home now costs £288,949, slightly higher than the £288,781 in March.
Northern Ireland remains the strongest performing nation or region in the UK.
Despite monthly fluctuations, average house prices have largely plateaued in early 2024, reflecting a housing market adjusting to higher interest rates.