Halifax report house price surge in June
July 8, 2015
According to the Halifax UK house prices picked up in the last quarter after two successive falls, with an unexpected month-on-month surge in June pushing the annual rate to 9.6%, the Halifax house price index showed prices jumped by 1.7% between May and June, the fourth consecutive monthly rise, this is contrary to other ecent surveys showing a decline in the cost of a UK home.
The annual house price growth also increased to 9.6% from 8.6% in May and is at its highest since September, this is in contrast to the Nationwide’s recent report that house prices dipped 0.2% in June, which reduced the annual rate of increase to a two-year low of 3.3%
Martin Ellis Halifax’s housing economist said “Supply remains very tight with the stock of homes available for sale currently at record low levels”.
He went on to say “This shortage has been a key factor maintaining house price growth at a robust pace so far in 2015. Economic growth, higher employment, increasing real earnings growth and very low mortgage rates are all supporting housing demand with signs of a recent modest pick-up in demand.”
You May Also Enjoy
Demand for qualifications doubles as Rightmove helps agents get ahead of reform
New data reveals a jump in estate and letting agents looking to get qualified, with Rightmove exam bookings more than doubling (+128%) compared to last year Leading property industry body Propertymark has seen a 51% uplift in demand for qualifications since April 2020, highlighting a long-term shift in the industry wanting formal qualifications The insight…
Read More 
Breaking Property News 5/5/26
Daily bite-sized proptech and property news in partnership with Proptech-X. New AI Real Estate Market Intelligence Platform Launches in the U.S. Press Release – New York, May 2026 — Rodland Real Estate, a leading independent brokerage headquartered in The Bahamas, has announced the U.S. launch of RoRo, an advanced AI-powered real estate market intelligence…
Read More 
Mortgage affordability at tightest level since 2008
UK Finance has today published a new Lending Where We Live report, revealing sharp differences in mortgage affordability and buy‑to‑let returns across the UK. Key findings 723,000 house purchase mortgages advanced in 2025, up 17 per cent year-on-year Average borrower spends 21.3 per cent of gross income on repayments Significant regional differences: North Norfolk and Hillingdon top the list with borrowers spending over 25 per cent of gross income Seven…
Read More 
Did landlords frontload rent hikes ahead of the RRA?
The latest insight from Inventory Base suggests that, despite the incoming Renters’ Rights Act limiting rent increases to once per year, only around a quarter of landlords appeared to pre-empt the change by front-loading rent rises ahead of the 1st May deadline. This comes amid wider policy uncertainty in the rental sector, with the UK…
Read More 
Rightmove to host live Q&A webinar on the Renters’ Rights Act
Rightmove is hosting a live Q&A webinar today to help agents better understand the Renters’ Rights Act and its practical implications as the Act takes effect. The Renters’ Rights Act: Live Q&A webinar will take place on Tuesday 5th May from 10:00am to 11:00am and will be available to watch via the Rightmove Hub. Over…
Read More 
War over bin blunders as legal expert reveals what you can actually do
Rows over rubbish are bubbling up, with fed-up homeowners losing patience over neighbours who refuse to bring their bins back in. Now, a legal expert has revealed the simple steps you can take before things spiral into a full-blown neighbourhood feud. Natalie Peacock of Rogers and Norton explained that while it might be tempting to…
Read More