Britain’s Hilfax Mortgage Corporation reported that house prices in the country rose in January last year in a sign of a recovery in demand after the Labor government approved the budget, Bloomberg News reported today (Friday).
Average house prices rose by 0.7% last month to a new record level of £300,077 ($407,000), outpacing the 0.6% decline recorded the previous month, Hilfax reported.
The increase came after two consecutive months of average price declines and was the fastest rise since November 2024.
These data reflect an improvement in the UK property market, where conditions worsened in 2025.
According to Bloomberg News today (Friday), British mortgage agency Halifax reported that the country’s house prices rose in January last year, indicating a recovery in demand after the Labor government’s budget announcement.
Halifax noted that average house prices rose 0.7% last month to a new record level of £300,077 (about $407,000), outpacing the 0.6% decline recorded the previous month.
The increase comes after two consecutive months of declines in average prices, and the highest growth since November 2024.
These data reflect an improvement in the UK property market, where conditions worsened in 2025.
