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Housing Market October 2024

Halifax House Price Index October 2024

Key Takeaways

  • House prices rose by 0.2% MoM in October, marking the fourth consecutive monthly increase.
  • Prices increased by 3.9% YoY, easing from 4.6% in September.
  • The average UK house price reached a record high of £293,999, surpassing the June 2022 peak of £293,507. 
  • Northern Ireland leads with a 10.2% annual price growth, with an average price of £204,242.
  • London remains the most expensive region, with an average house price of £543,308 (+3.5% YoY).

 

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