FOREX TradingCharts.com

Financial News: UK House Prices Rise For First Time In

UK House Prices Rise For First Time In 3 Months

05/08/2025 - 03:56:00 (RTTNews)

(RTTNews) - UK house prices rose moderately in April despite an end to the stamp duty holiday and worsening economic outlook, data published by mortgage lender Halifax revealed on Thursday. House prices climbed 0.3 percent on a monthly basis in April after falling for two straight months.

Prices were expected to grow 0.2 percent, following a 0.5 percent drop in March and a 0.2 percent decrease in February.

On a yearly basis, growth in house prices accelerated to 3.2 percent from 2.9 percent in the previous month. A typical property is now valued at GBP 297,781.

Although the stamp duty changes prompted a surge in transactions earlier this year, this did not lead to a significant increase in property prices, Halifax Head of Mortgages Amanda Bryden said.

The housing market has cooled slightly but buyer activity remained strong in comparison to recent years, Bryden noted. With falling mortgage rates and positive earnings growth, housing affordability steadily improved for many buyers. "Overall, the market continues to show resilience despite a subdued economic environment and risks from geopolitical developments," said Bryden.

"There is likely to be a bump-up in consumer price inflation as household bills increase, but with further base rate cuts also expected, we anticipate a similar trend of modest price growth this year," Bryden added.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Slovakia GDP Growth Eases As Estimated (02 hr(s), 29 min(s), 34 sec(s) ago)
(RTTNews) - Slovakia's economic growth moderated as initally estimated in the first quarter of ...Full Story»

Czech Industrial Output Grows Most In Over 2 Years, Trade Surplus Grows Sharply (03 hr(s), 14 min(s), 34 sec(s) ago)
(RTTNews) - The Czech Republic's industrial production expanded at the fastest pace in just ov ...Full Story»

U.S. Job Growth Slightly Exceeds Estimates In May (04 hr(s), 01 min(s), 34 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

Austrian GDP Recovers Slightly Less Than Estimated (04 hr(s), 06 min(s), 34 sec(s) ago)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story»

U.S. Employment Jumps Slightly More Than Expected In May (05 hr(s), 09 min(s), 34 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

France Industrial Output Falls 1.4% (05 hr(s), 16 min(s), 34 sec(s) ago)
(RTTNews) - France's industrial production declined for the first time in three months in Apri ...Full Story»

French Trade Gap Widens In April (06 hr(s), 20 min(s), 34 sec(s) ago)
(RTTNews) - France's trade deficit increased in April as exports fell faster than imports, dat ...Full Story»

Russia Central Bank Cuts Rate By 100 Bps (06 hr(s), 59 min(s), 34 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate unexpectedly by 100 basis points ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Slovakia GDP Growth Eases As Estimated

06/06/2025 - 11:17 AM (RTTNews)
(RTTNews) - Slovakia's economic growth moderated as initally estimated in the first quarter of ...Full Story>>

Czech Industrial Output Grows Most In Over 2 Years, Trade Surplus Grows Sharply

06/06/2025 - 10:32 AM (RTTNews)
(RTTNews) - The Czech Republic's industrial production expanded at the fastest pace in just ov ...Full Story>>

U.S. Job Growth Slightly Exceeds Estimates In May

06/06/2025 - 09:45 AM (RTTNews)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story>>

Austrian GDP Recovers Slightly Less Than Estimated

06/06/2025 - 09:40 AM (RTTNews)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story>>

U.S. Employment Jumps Slightly More Than Expected In May

06/06/2025 - 08:37 AM (RTTNews)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.