The Halifax house price index, which was set at 100 in 1992, reached a value of more than 500 over the course of 2022. In December 2023, the index stood at 495.1, which was as slight increase from the same period in 2022. The average house price amounted to about 287,000 British pounds in December 2023. What drives house prices? Average house prices are affected by several factors: Economic growth, unemployment, interest rates and mortgage availability can all affect average prices. A shortage of supply means that the need for housing and, therefore competitive market created will push up house prices, whereas an excess of housing means prices fall to stimulate buyers. One of the main reasons for the decrease in house prices in the second half of 2022 was interest rates rising as a response to inflation. How many house sales occur per year? In the United Kingdom (UK), there are approximately one million residential property transactions annually. On a country level, England constitutes the majority of transactions made.

The house price index (HPI) shows changes in the value of residential properties in England, Scotland, Wales, and Northern Ireland. With the HPI set at a base of 100 in January 2023, a value of over 100 would mark an increase in the average dwelling price. A value of under 100 points, on the other hand, would indicate that the average price has dropped. In April 2025, the index measured 101.7 index points, showing an increase of 1.7 percent since January 2023. UK house prices grew rapidly during the COVID-19 pandemic House prices in the UK grew steadily between 2015 and 2020, fueled by stable economic growth and low borrowing costs. In the following two years, a combination of factors exacerbated this trend. These factors included a stamp duty holiday, low interest rates, a shortage of new homes supplied, and a high housing demand. As a result, house price growth soared, hitting a record 13.6 percent in July 2022. This trend in the index, and therefore the value of UK residential properties, has also been observed by the Halifax house price index. What is the average house price in the UK? Average house prices are affected by several factors. Economic growth, unemployment, interest rates and mortgage availability can all drive them up or down. A shortage of supply means that the need for housing and the competitive market created will push house prices up. An excess of housing, on the other hand, means prices fall to stimulate buyers.

The average house price in Nova Scotia in 2024 stood at approximately ******* Canadian dollars. In the next year, house prices are forecast to further increase by about five percent. Compared to other provinces, Nova Scotia ranked below the national average in terms of house prices. However, the average price of a house in Nova Scotia was twice lower than in Ontario or British Columbia. Exploding population growth in recent yearsNova Scotia is the second-smallest province after Prince Edward Island, and had a population of just under *********** in 2018. The population of this province was relatively steady between 2000 and 2015, but has taken off since then. This sudden growth may be a factor in the increasing house prices, as demand also increases due to the greater number of residents looking for homes. The future of housing affordability in Nova ScotiaHalifax, the provincial capital, had an affordable housing market as of 2018, with mortgage payments only constituting about ** percent of average household incomes. The number of housing starts in the region has increased in the past few years, which also suggests an increase in demand. Only time will tell whether this will ensure a sufficient supply of homes for the region in response to its growing population.

Housing Index in the United Kingdom increased to 514.30 points in July from 512.40 points in June of 2025. This dataset provides - United Kingdom House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

House Price Index YoY in the United Kingdom decreased to 2.40 percent in July from 2.70 percent in June of 2025. This dataset includes a chart with historical data for the United Kingdom House Price Index YoY.

After declining slightly in the third quarter of 2023, the value of the Halifax standardized house price increased in the fourth quarter of the year. The average house price stood at approximately 287,000 British pounds in December, up from approximately 279,000 British pounds in September 2023. The correction is a result of the combination of the rising interest rates, dramatic house price increase since the beginning of the coronavirus pandemic, and the low housing inventory.

This statistic shows the average house price of a terraced house built between 1919 and 1945 in the United Kingdom (UK) from the first quarter of 2011 to the fourth quarter of 2015. In the quarter ending June 2015, the average price was 224,567 British pounds (GBP).

This statistic shows the average price of new flats and maisonettes in the United Kingdom (UK) from the first quarter of 2011 to the fourth quarter of 2015, according to the Halifax house price index. In the quarter ending June 2015, the average price of a new flat or maisonette amounted to 330.8 thousand British pounds (GBP).

Graph and download economic data for Housing Inventory: Average Listing Price in Halifax County, NC (AVELISPRI37083) from Jul 2016 to Jul 2025 about Halifax County, NC; NC; average; listing; price; and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Halifax County, NC (MEDLISPRIPERSQUFEEYY37083) from Jul 2017 to Jul 2025 about Halifax County, NC; square feet; NC; listing; median; price; and USA.

This statistic shows the average price of bungalows in the United Kingdom (UK) from the first quarter of 2011 to the fourth quarter of 2015, according to the Halifax house price index. The average price for a bungalow amounted to nearly 233.4 thousand British pounds (GBP) in the quarter ending June 2015.

Housing Inventory: Average Listing Price Year-Over-Year in Halifax County, NC was -1.58% in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Year-Over-Year in Halifax County, NC reached a record high of 107.93 in December of 2021 and a record low of -37.21 in February of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Year-Over-Year in Halifax County, NC - last updated from the United States Federal Reserve on August of 2025.

Housing Inventory: Average Listing Price in Halifax County, NC was 388968.00000 U.S. $ in May of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price in Halifax County, NC reached a record high of 423074.00000 in April of 2025 and a record low of 157003.00000 in February of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price in Halifax County, NC - last updated from the United States Federal Reserve on July of 2025.

This statistic shows the average house prices in rural and urban areas in the United Kingdom (UK) from September 2012 to August 2013. In the 12 months to August 2013, a rural house in Great Britain cost on average 206,423 British pounds (GBP) in comparison with an urban house that cost 182,710 GBP during the same period.

Housing Inventory: Average Listing Price Month-Over-Month in Halifax County, NC was -5.81% in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Month-Over-Month in Halifax County, NC reached a record high of 55.34 in March of 2024 and a record low of -28.28 in February of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Month-Over-Month in Halifax County, NC - last updated from the United States Federal Reserve on September of 2025.

House Price: Average: All Buyers: sa data was reported at 227,869.000 GBP in Oct 2018. This records an increase from the previous number of 226,219.000 GBP for Sep 2018. House Price: Average: All Buyers: sa data is updated monthly, averaging 85,982.000 GBP from Jan 1983 (Median) to Oct 2018, with 430 observations. The data reached an all-time high of 229,776.000 GBP in Jul 2018 and a record low of 29,696.000 GBP in Jan 1983. House Price: Average: All Buyers: sa data remains active status in CEIC and is reported by Halifax and Bank of Scotland Plc. The data is categorized under Global Database’s United Kingdom – Table UK.P002: House Price: HBOS Plc.

This statistic shows the average house price of a terraced house built between 1946 and 1960 in the United Kingdom (UK) from the first quarter of 2011 to the fourth quarter of 2015, according to the Halifax house price index. The average price of a terraced house built between 1946 and 1960 amounted to 166,699 British pounds (GBP) in the second quarter of 2015.

Housing Inventory: Median Listing Price Year-Over-Year in Halifax County, NC was 21.80% in June of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price Year-Over-Year in Halifax County, NC reached a record high of 62.34 in January of 2023 and a record low of -36.71 in January of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price Year-Over-Year in Halifax County, NC - last updated from the United States Federal Reserve on August of 2025.

This statistic shows the average price of residential properties built between 1919 and 1945 in the United Kingdom (UK) from the first quarter of 2011 to the fourth quarter of 2015, according to the Halifax house price index.The average price of residential property from that period for the second quarter of 2015 was 258 thousand British pounds (GBP).