Halifax House Price Index: UK house price growth hits lowest rate this year with no signs of a seasonal lifeline

November 11, 2019

The latest index shows a slow but steady increase of 0.9% annually, although this is the lowest rate of growth so far this year.

Director of Benham and Reeves, Marc von Grundherr, commented:

“Perhaps a tad predictable that as we receive yet another Brexit based encore from Westminster, the UK housing market also delivers the lowest rate of house price growth so far this year.

Political uncertainty seems to be sucking any seasonal lifelines from the current property landscape with no signs of an Autumn bounce and, with Brexit repacked and on hold until December, it’s unlikely we will see a Christmas miracle to help revive market activity either.

However, while home sellers hold tight and choose to revel in seasonal festivities rather than enter the property mix, the UK housing market will remain dormant but defiant, until such time we chisel away the ice of political uncertainty. At which point the slow but consistent levels of growth seen this year will start to accelerate once again.”

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Letting Agent Talk

Will RRA mean almost 50% of renters need a guarantor?

A surge in tenants who require a rent guarantor is coming to the post-RRA rental market   New analysis by Zero Deposit reveals that the proportion of local authority districts in which the average tenant is likely to need a rent guarantor to secure pass tenancy affordability checks could increase from one-in-five to almost one-in-two…
Read More →
Breaking News

Nationwide House Price Index for May 2026 – Thoughts from the Industry

The latest Nationwide House Price Index for May 2026 shows that: House prices fell by -0.6% between April 2026 and May 2026. This marks the first monthly decline recorded so far this year. Annual house price growth slowed to 1.7% in May 2026, down from 3.0% in April 2026. The average UK house price now…
Read More →
Breaking News

Annual house price growth slows in May

UK annual house price growth slowed to 1.7% in May, from 3.0% in April House prices were down 0.6% month on month   Headlines May-26 Apr-26 Monthly Index* 551.0 554.3 Monthly Change* -0.6% 0.4% Annual Change 1.7% 3.0% Average Price (not seasonally adjusted) £278,024 £278,880 * Seasonally adjusted figure (note that monthly % changes are…
Read More →
Home and Living

Signs of Outdated Wiring in Older Tulsa-Area Homes

Tulsa has a lot of beautiful older homes. Brookside bungalows, Maple Ridge tudors, the postwar neighborhoods that fill out Midtown and East Tulsa. They were built well, but most were built before central air, before microwaves, before two-car households with two laptops and a dozen phone chargers. The electrical systems inside them were designed for…
Read More →
LIVING BY THE SEASIDE 2022
Breaking News

Britain’s seaside price hotspots revealed

New analysis from the UK’s largest property platform Rightmove reveals Britain’s seaside hotspots where prices are rising the fastest Bootle in Merseyside leads the way, with average asking prices up 11% year-on-year, followed by Crosby in Liverpool (+9%) and Penarth in South Glamorgan (+9%) Other coastal locations including Llantwit Major in South Glamorgan (+8%) and Llanelli, in Carmarthenshire (+7%) are also seeing strong price growth Average asking prices are currently 0.3% lower in Great Britain compared to last year, with some seaside hotspots outpacing the…
Read More →
Estate Agent Talk

Hertfordshire emerges as strongest performing London commuter county

New research from UK Property Development reveals that while London property prices fell by more than -3% in the past year, prices in some of the capital’s surrounding counties have enjoyed positive growth, none more so than the premium commuter county of Hertfordshire.   In the past year, London’s average house price has fallen by…
Read More →