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UK house prices unchanged in May

Created at 4 Jun · 8:44 AM3 sources↑ Market-relevant3 events
IN SHORT

The UK Halifax House Price Index for May reported no change, remaining at -0.1%. This figure matches the previous month's result, indicating a pause in price growth.

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Key Numbers

-0.1%May UK house price change
-0.1%April UK house price change

Who's Involved

Halifax
Provider of the UK house price index data

↳ Why This Matters

This data indicates a potential cooling or stabilization in the UK housing market, which could impact consumer spending, construction activity, and mortgage lending.

Key facts

  • UK house prices remained unchanged in May.
  • The May figure was -0.1%, matching April's result.
  • The Halifax House Price Index provides the data.

The United Kingdom Halifax House Price Index for May reported no change in house prices, with the index remaining at -0.1%. This figure mirrors the result from April, suggesting a period of stagnation in the UK property market.

Frequently asked questions

UK house prices remained unchanged in May, with the Halifax House Price Index reporting a -0.1% figure.

The -0.1% change in May is the same as the -0.1% change recorded in April.

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Cadence
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How It Developed

5 Jun · 6:04 AM
The new article indicates UK house prices remained unchanged at -0.1% in May, contradicting earlier reports of a 0.5% increase.
Economic And Earnings Data via PiQSuite
5 Jun · 6:04 AM
UK house prices rose 0.5% in May, exceeding forecasts and the previous month's growth.
Economic And Earnings Data via PiQSuite
4 Jun · 8:35 AM
The UK construction PMI fell to 38.2 in May, below forecasts of 40.4 and the previous month's 39.7.
Economic And Earnings Data via PiQSuite

Sources

T1
🇬🇧 United Kingdom S&P Global Construction PMI (May) $GBP Actual: 38.2 🔴 Forecast: 40.4 Previous: 39.7m.piqsuite.com
T1
🇬🇧 United Kingdom Halifax House Price Index (May) $GBP Actual: 0.5% 🔴 Forecast: 1% Previous: 0.4%m.piqsuite.com
T1
🇬🇧 United Kingdom Halifax House Price Index (May) $GBP Actual: -0.1% 🔴 Previous: -0.1%m.piqsuite.com

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