The housing market has kicked off 2025 with prices increasing by +0.7% in January following dip of -0.2% in December.

House prices fell back slightly over the festive period following five months of steady growth.

House prices in the capital have climbed by 3.5% since last year and now stand at £545,439

Average house prices edged up further in October, marking the fourth consecutive monthly increase, according to the latest figures released by Halifax.

Year-on-year house prices are at the strongest rate since November 2022, according to Halifax data

Average UK house prices edged up further in August following a July rise of 0.9%, according to the latest data released by Halifax.

The price of a typical home in the UK edged up by +0.8% in July, following three months of little movement, according to the latest data from Halifax.

UK house prices have paused in the lead-up to next month's General Election, down just -0.1% on a monthly basis.

The latest figures from Halifax show that the housing market is still finding its feet in a sea of higher interest rates.

The 'race for space' is over, according to Halifax who say that rising demand for smaller homes has helped to drive growth in UK property prices in the early months of this year.