Halifax: House prices fall for the fourth month in a row

Higher interest rates have wiped nearly £1,000 off the average UK house price between June and July.

A country road in Chichester, West Sussex
(Image credit: Getty images)

Average UK house prices fell by 0.3% in July, marking the fourth monthly decline in a row, with nearly £1,000 knocked off the average house price between June and July, according to Halifax.

This is 2.4% lower than a year ago, easing from a 2.6% fall in June.

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Katie Binns

Katie is deputy editor of Times Money Mentor and long-time contributor to the Sunday Times where she started on the Irish desk in 2012 and spent 10 years covering news, culture, travel, personal finance and celebrity interviews. 

Her investigative work on financial abuse has examined the response of banks, the Financial Ombudsman and the child maintenance service to victims, and resulted in a number of debt and mortgage prisoners being set free - and a nomination for Best Finance Story of the Year at the Headline Money awards in 2021 and 2022. 

Katie was also shortlisted for Freelance Journalist of the Year at the Headline Money awards in 2022, 2023 and 2024 and won Personal Finance Journalist of the Year at The British Bank Awards 2022.