Annual house price growth at fastest pace since 2007: Halifax📈

Annual house price growth at fastest pace since 2007: Halifax📈

House prices are rising at the fastest annual pace of growth since 2007 and reached a new record high of £278,123 in February, according to this morning's data released by Halifax.

Figures from Halifax show that, following a slower start to the year, house price growth gained an additional +0.5% in February and now stands at 10.8% - the strongest level since June 2007 (+11.9%). To continue reading, please Click Here


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January 2026 showed a market regaining momentum. Across much of the UK, sales agreed are running ahead of two years ago, led by the Midlands and East. Scotland and Wales are also strengthening. London remains mixed, and Northern Ireland softer. This is not a boom, but a steady, broad based rebuild driven by realistic pricing.

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In early 2023, forecasters warned of a steep UK housing slump, predicting falls of up to 15% after rising rates and political turmoil. Three years on, the data tells a calmer story. HM Land Registry shows prices nearly 4% higher nationally, with Attleborough steady. As 2026 begins, is crash talk fact or just headlines?

At first glance, UK house prices rising tens of thousands of per cent since 1900 look absurd. But annualised over 126 years, growth averages around 4.5 to 5 per cent a year. It is not sudden surges but steady compounding that drives values higher, showing property rewards time in the market more than attempts to time it.