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


Australia Rate Decision Due On Tuesday (01 hr(s), 54 min(s), 29 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and ...Full Story»

U.S. Leading Economic Index Slumps More Than Expected In April (09 hr(s), 43 min(s), 29 sec(s) ago)
(RTTNews) - The Conference Board released a report on Monday showing its reading on leading U.S. e ...Full Story»

Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU (10 hr(s), 51 min(s), 29 sec(s) ago)
(RTTNews) - Eurozone economic growth outlook was downgraded substantially for 2025 due to the impa ...Full Story»

Malta HICP Inflation Rises To 2.6% (11 hr(s), 26 min(s), 29 sec(s) ago)
(RTTNews) - Malta's EU measure of inflation accelerated further in April to the highest level ...Full Story»

Eurozone Inflation Steady At 2.2% (14 hr(s), 16 min(s), 29 sec(s) ago)
(RTTNews) - Eurozone consumer prices logged a steady growth in April, final data from Eurostat sho ...Full Story»

Spain Trade Gap Widens In March (14 hr(s), 46 min(s), 29 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit increased notably in March from a year ago, as impor ...Full Story»

Slovakia HICP Inflation Eases To 3.9% (15 hr(s), 37 min(s), 29 sec(s) ago)
(RTTNews) - Slovakia's EU measure of inflation eased in April to the lowest level in four mont ...Full Story»

Austria Inflation Confirmed At 3.1% (16 hr(s), 08 min(s), 29 sec(s) ago)
(RTTNews) - Austria's consumer price inflation rose slightly as initially estimated in April, ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Australia Rate Decision Due On Tuesday

05/19/2025 - 18:00 PM (RTTNews)
(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and ...Full Story>>

U.S. Leading Economic Index Slumps More Than Expected In April

05/19/2025 - 10:11 AM (RTTNews)
(RTTNews) - The Conference Board released a report on Monday showing its reading on leading U.S. e ...Full Story>>

Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU

05/19/2025 - 09:03 AM (RTTNews)
(RTTNews) - Eurozone economic growth outlook was downgraded substantially for 2025 due to the impa ...Full Story>>

Malta HICP Inflation Rises To 2.6%

05/19/2025 - 08:28 AM (RTTNews)
(RTTNews) - Malta's EU measure of inflation accelerated further in April to the highest level ...Full Story>>

Eurozone Inflation Steady At 2.2%

05/19/2025 - 05:38 AM (RTTNews)
(RTTNews) - Eurozone consumer prices logged a steady growth in April, final data from Eurostat sho ...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.