United Kingdom Halifax House Price Index MoM

Info

History

Chart

Impact:

Medium

Source: Halifax and Bank of Scotland

Latest Release:

Date:

Surprise:

-0.8%

GBP

Actual:

-0.4%

Forecast: 0.4%

Previous/Revision:

0.3%

Period: May

Next Release:

Date:

Period: Jun

What Does It Measure?

The Halifax House Price Index measures changes in the prices of residential properties in the United Kingdom, specifically focusing on data from mortgage approvals. This index primarily assesses the state of the housing market, reflecting trends in property values and overall economic health, with key indicators including price changes and transaction volumes.

Frequency

This index is released monthly, typically providing a preliminary estimate shortly after the end of each month, with a specific release date usually falling in the first week of the subsequent month.

Why Do Traders Care?

Traders monitor the Halifax House Price Index as it influences expectations about the UK economy and can impact financial markets significantly; rising house prices often lead to increased consumer spending and greater demand for related assets. Stronger than expected results tend to be bullish for the British pound and equities, while weaker readings may result in bearish sentiment.

What Is It Derived From?

The index is derived from data collected on mortgage approvals by Halifax, incorporating inputs from a significant sample of concluded transactions to assess average price changes across various regions. This calculation employs a weighted average method to represent changes in house prices effectively.

Description

The Halifax House Price Index is reported on a Month-over-Month (MoM) basis, which allows for the identification of short-term trends and sudden shifts in the housing market as prices fluctuate. The MoM measure is crucial in providing timely insights into market dynamics that may affect consumer confidence and economic stability, making it preferable over Year-over-Year (YoY) comparisons in this context.

Additional Notes

This index serves as a leading indicator for the housing market and can provide insights into broader economic trends, including consumer spending patterns and inflation pressures. It is closely watched alongside other real estate metrics such as Rightmove House Price Index and Nationwide House Price Index to gauge the overall health of the UK housing market.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Jun 06, 2025	-0.4%	0.4%	0.3%	-0.8%
May 08, 2025	0.3%	-0.1%	-0.5%	0.4%
Apr 07, 2025	-0.5%	0.2%	-0.2%	-0.7%
Mar 07, 2025	-0.1%	0.3%	0.6%	-0.4%
Feb 07, 2025	0.7%	0.2%	-0.2%	0.5%
Jan 07, 2025	-0.2%	0.8%	1.2%	-1%
Dec 06, 2024	1.3%	0.2%	0.4%	1.1%
Nov 07, 2024	0.2%	0.2%	0.3%
Oct 07, 2024	0.3%	0.2%	0.3%	0.1%
Sep 06, 2024	0.3%	0.2%	0.9%	0.1%
Aug 07, 2024	0.8%	0.3%	0%	0.5%
Jul 05, 2024	-0.2%	0.2%	0%	-0.4%
Jun 07, 2024	-0.1%	0.2%	0%	-0.3%
May 07, 2024	0.1%	0.2%	-0.9%	-0.1%
Apr 05, 2024	-1%	0.1%	0.3%	-1.1%
Mar 07, 2024	0.4%	1%	1.2%	-0.6%
Feb 07, 2024	1.3%	0.8%	1.1%	0.5%
Jan 05, 2024	1.1%	0.1%	0.6%	1%
Dec 07, 2023	0.5%	0.3%	1.2%	0.2%
Nov 07, 2023	1.1%	0.2%	-0.3%	0.9%
Oct 06, 2023	-0.4%	-0.8%	-1.8%	0.4%
Sep 07, 2023	-1.9%	-0.3%	-0.4%	-1.6%
Aug 07, 2023	-0.3%	-0.6%	-0.1%	0.3%
Jul 07, 2023	-0.1%	-0.1%	-0.2%
Jun 07, 2023	0%	0%	-0.4%
May 09, 2023	-0.3%	0.2%	0.8%	-0.5%
Apr 06, 2023	0.8%	-0.3%	1.2%	1.1%
Mar 07, 2023	1.1%	-0.3%	0.2%	1.4%
Feb 07, 2023	0%	-0.8%	-1.3%	0.8%
Jan 06, 2023	-1.5%	0.4%	-2.4%	-1.9%
Dec 07, 2022	-2.3%	-0.2%	-0.4%	-2.1%
Nov 07, 2022	-0.4%	-0.3%	-0.1%	-0.1%
Oct 07, 2022	-0.1%	1%	0.3%	-1.1%
Sep 07, 2022	0.4%	0.8%	-0.1%	-0.4%
Aug 05, 2022	-0.1%	1.2%	1.4%	-1.3%
Jul 07, 2022	1.8%	0.5%	1%	1.3%
Jun 08, 2022	1%	0.6%	1.2%	0.4%
May 06, 2022	1.1%	0.8%	1.5%	0.3%
Apr 07, 2022	1.4%	0.7%	0.8%	0.7%
Mar 07, 2022	0.5%	0.6%	0.2%	-0.1%
Feb 07, 2022	0.3%	0.8%	1.1%	-0.5%
Jan 07, 2022	1.1%	0.7%	1.1%	0.4%
Dec 07, 2021	1%	1%	1%
Nov 05, 2021	0.9%	1%	1.7%	-0.1%
Oct 07, 2021	1.7%	1.2%	0.8%	0.5%
Sep 07, 2021	0.7%	1.1%	0.4%	-0.4%
Aug 06, 2021	0.4%	-0.7%	-0.6%	1.1%
Jul 07, 2021	-0.5%	2%	1.2%	-2.5%
Jun 07, 2021	1.3%	1.2%	1.5%	0.1%
May 10, 2021	1.4%	0.4%	1.1%	1%
Apr 09, 2021	1.1%	0.2%	0%	0.9%
Mar 05, 2021	-0.1%	0%	-0.4%	-0.1%
Feb 05, 2021	-0.3%	0.3%	0%	-0.6%
Jan 08, 2021	0.2%	0.5%	1%	-0.3%
Dec 07, 2020	1.2%	0.4%	0.3%	0.8%
Nov 06, 2020	0.3%	0.5%	1.5%	-0.2%
Oct 07, 2020	1.6%	0.8%	1.7%	0.8%
Sep 07, 2020	1.6%	1.5%	1.7%	0.1%
Aug 07, 2020	1.6%	0.3%	-0.1%	1.3%
Jul 07, 2020	-0.1%	-0.9%	-0.2%	0.8%
Jun 05, 2020	-0.2%	-0.7%	-0.6%	0.5%
May 07, 2020	-0.6%	-0.7%	-0.3%	0.1%
Apr 07, 2020	0%	0.1%	0.2%	-0.1%
Mar 06, 2020	0.3%	0.2%	0.4%	0.1%
Feb 07, 2020	0.4%	0%	1.8%	0.4%
Jan 08, 2020	1.7%	-0.2%	1.2%	1.9%
Dec 06, 2019	1%	-0.7%	-0.1%	1.7%
Nov 07, 2019	-0.1%	0.3%	-0.4%	-0.4%
Oct 07, 2019	-0.4%	0.1%	0.2%	-0.5%
Sep 06, 2019	0.3%	0.2%	0.4%	0.1%
Aug 07, 2019	-0.2%	0.3%	-0.4%	-0.5%
Jul 05, 2019	-0.3%	-0.2%	0.4%	-0.1%
Jun 07, 2019	0.5%	-0.2%	1.1%	0.7%
May 08, 2019	1.1%	0.1%	-1.3%	1%
Apr 05, 2019	-1.6%	-2.4%	6%	0.8%
Mar 07, 2019	5.9%	0.1%	-3%	5.8%
Feb 07, 2019	-2.9%	-0.5%	2.5%	-2.4%
Jan 08, 2019	2.2%	0.2%	-1.2%	2%
Dec 07, 2018	-1.4%	0.5%	0.7%	-1.9%
Nov 07, 2018	0.7%	0.3%	-1.3%	0.4%
Oct 05, 2018	-1.4%	0.2%	-0.2%	-1.6%
Sep 07, 2018	0.1%	-0.3%	1.2%	0.4%
Aug 07, 2018	1.4%	0.2%	0.9%	1.2%
Jul 06, 2018	0.3%	0.2%	1.7%	0.1%
Jun 07, 2018	1.5%	1%	-3.1%	0.5%
May 08, 2018	-3.1%	-0.2%	1.6%	-2.9%
Apr 09, 2018	1.5%	0.2%	0.5%	1.3%
Mar 07, 2018	0.4%	0.3%	-0.5%	0.1%
Feb 07, 2018	-0.6%	0.2%	-0.8%	-0.8%
Jan 08, 2018	-0.6%	0.2%	0.3%	-0.8%
Dec 07, 2017	0.5%	0.2%	0.3%	0.3%
Nov 07, 2017	0.3%	0.2%	0.8%	0.1%
Oct 06, 2017	0.8%	0.1%	1.5%	0.7%
Sep 07, 2017	1.1%	0.2%	0.7%	0.9%
Aug 07, 2017	0.4%	0.2%	-0.9%	0.2%
Jul 07, 2017	-1%	0.2%	0.3%	-1.2%
Jun 07, 2017	0.4%	-0.1%	0%	0.5%
May 08, 2017	-0.1%	0.2%	0%	-0.3%
Apr 07, 2017	0%	0.3%	0%	-0.3%
Mar 07, 2017	0.1%	0.3%	-0.9%	-0.2%
Feb 07, 2017	-0.9%	0%	1.6%	-0.9%
Jan 09, 2017	1.7%	0.2%	0.6%	1.5%
Dec 07, 2016	0.2%	0.2%	1.5%
Nov 07, 2016	1.4%	0.2%	0.3%	1.2%
Oct 07, 2016	0.1%	0%	-0.3%	0.1%
Sep 07, 2016	-0.2%	-0.4%	-1.1%	0.2%
Aug 05, 2016	-1%	-0.2%	1.2%	-0.8%
Jul 07, 2016	1.3%	0.4%	0.9%	0.9%
Jun 07, 2016	0.6%	0.3%	-0.8%	0.3%
May 09, 2016	-0.8%	0.1%	2.2%	-0.9%
Apr 07, 2016	2.6%	0.7%	-1.5%	1.9%
Mar 03, 2016	-1.4%	0%	1.7%	-1.4%
Feb 04, 2016	1.7%	0.3%	2%	1.4%
Jan 07, 2016	1.7%	0.5%	0%	1.2%
Dec 08, 2015	-0.2%	0.3%	1%	-0.5%
Nov 05, 2015	1.1%	0.6%	-0.9%	0.5%
Oct 06, 2015	-0.9%	0.1%	2.7%	-1%
Sep 10, 2015	2.7%		-0.4%
Aug 06, 2015	-0.6%		1.6%
Jul 08, 2015	1.7%		0.3%
Jun 04, 2015	-0.1%	0.3%	1.6%	-0.4%
May 08, 2015	1.6%	0.4%	0.6%	1.2%