UK House Price Growth Cools as Halifax Index Slips to 0.8% in March

UK house price growth lost momentum in March, with the Halifax House Price Index easing to 0.8% year-over-year, down from 1.3% in February 2026. The latest reading, updated on 08 April 2026, signals a modest cooling in annual price gains after a slightly stronger performance a month earlier.

The Halifax index measures how prices in March 2026 compare with those in March 2025, while February’s figure reflected a comparison with February 2025. The slowdown from 1.3% to 0.8% suggests that the pace of recovery in the UK housing market has become more subdued, even as prices remain higher than a year ago.

Market participants will be watching subsequent releases closely to see whether March’s softer growth marks the start of a broader trend or a temporary pause in a still-fragile housing upturn.