House Price Index for April 2026 – Thoughts from the Indutry
The latest Halifax House Price Index for April 2026 shows that: –
On a monthly basis, house prices remained largely static, down by just -0.1% between March and April 2026.
Annually, house prices were up 0.4%, albeit this rate of annual growth had slowed from 0.8% the previous month.
As a result, the average house price is now £299,313.
Here are some thoughts form the Industry.
Nathan Emerson, CEO of Propertymark, comments:
“Despite ongoing uncertainty within the economy, it is reassuring to see a position of consistency concerning house prices currently. However, it is imperative to note that many people may face future affordability challenges until there is sustained de-escalation concerning current global unrest.
“The rate of inflation remains a key concern for many people, especially as there is widespread speculation that the Bank of England may potentially need to implement measured base rate increases over the coming months to best regulate potential future financial instability.
“There will likely be a sense of anxiety across the summer months, especially for those with tracker mortgage products, and with mortgage deals that are due to expire. It will be important for people to investigate what new mortgage products might be available to them and to make plans to help navigate around any increased expenditures.”
CEO of Foxtons, Guy Gittins, commented:
“A very marginal monthly dip in house prices is unlikely to cause concern and reflects the more measured pace of the market seen so far this year, particularly against the heightened turbulence of the wider economic backdrop.
At Foxtons, demand was up in April and we’re confident the recent decision to hold the base rate will provide further reassurance to buyers about the overall resilience of the UK property market.”
Verona Frankish, CEO of Yopa, commented:
“A small monthly adjustment is nothing to be concerned about and the underlying strength of the market remains very evident when you look at the broader trend.
House prices are continuing to hold firm despite ongoing affordability pressures and that’s a clear sign that buyer appetite remains strong, particularly amongst those who have adapted to higher borrowing costs and are now keen to press on with their move.”
Chris Hodgkinson, Managing Director of House Buyer Bureau, commented:
“The problem facing the market at the moment is that many sellers are still pricing based on expectation rather than current market reality and that’s creating a growing disconnect between buyers and sellers.
Whilst demand is still there, buyers are far more price sensitive in the current climate and homes that aren’t positioned correctly from day one are simply sitting on the market for longer, forcing sellers into larger reductions further down the line.”
Marc von Grundherr, Director of Benham and Reeves, commented:
“While the market may have paused for breath on a monthly basis, the wider picture remains one of stability and resilience and that’s particularly encouraging given the economic uncertainty seen so far this year.
Buyer demand across London has remained consistent and, with mortgage rates continuing to improve, we expect confidence to strengthen further as we move through the summer market.”
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