Halifax: House prices were static in June, but first-time buyers return

The average cost of a home grew by just £117 over the past month, Halifax says. Will the property market continue to be resilient?

Woman looking at estate agent window
(Image credit: yujie chen via Getty Images)

House prices stagnated in June, following a drop of 0.3% in May, latest property data from Halifax shows.

The average cost of a home in the UK is now £296,665 - only £117 more than the £296,782 it cost in the previous month, and 0.3% lower than it was in the previous quarter.

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Daniel is a digital journalist at Moneyweek and enjoys writing about personal finance, economics, and politics. He previously worked at The Economist in their Audience team.

Daniel studied History at Emmanuel College, Cambridge and specialised in the history of political thought. In his free time, he likes reading, listening to music, and cooking overambitious meals.