House price growth at fastest rate since 2007: Halifax

House price growth at fastest rate since 2007: Halifax

Despite the ongoing pandemic and wider economic challenges of 2021, average property prices hit new record highs eight times during 2021, breaking records once again in December to stand at £276,091.

The latest figures released by Halifax this morning have shown that house prices increased by over £24,500 in 2021, the largest annual cash rise since March 2003, but are expected to slow in 2022. To continue reading, please Click Here


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This data shows a clear north–south split in UK housing supply. Homes for sale are rising across London and the South, while much of the North is seeing stock fall. The contrast raises questions about affordability, confidence, and whether higher supply in the South could limit house price growth into 2026.

Recent data shows homes are taking longer to sell than 18 months ago, with only around half achieving a sale. Realistic pricing from day one is crucial to attract interest, maintain momentum, and avoid delays or reductions, ensuring a smoother, more successful sale in today’s market.