Is the UK housing bubble about to burst? Two years of pain aheadSince the late 1980s the UK House Price Index (3M YoY) continues to trade within a longterm descending channel of lower highs and lower lows. Growth is shown above the horizontal black line, decline below. Every cyclical bounce has failed beneath the upper band of this trend with 1992 & 2008 marking
Key data points
Last release
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Observation period
Aug 2025
Next release
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Forecast
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Highest
34.50 % on Dec 31, 1988
Lowest
−16.80 % on Feb 28, 2009
About United Kingdom House Price Index YoY
The Halifax House Price Index is the UK's longest running monthly house price series with data covering the whole country going back to January 1983. From this data, a "standardized" house price is calculated and property price movements on a like -for-like basis (including seasonal adjustments) are analyzed over time.