House Prices Edge Up as Market Shows Ongoing Strength
The UK housing market continues to display impressive resilience, offering an encouraging outlook for homeowners who may be considering selling.
According to the latest figures from Halifax, the average house price in July rose by more than £1,000, reaching £298,237. While this remains close to a record high, it also represents a steady and sustainable growth pattern that bodes well for those looking to achieve a strong return on their property.
One of the key drivers behind this positive trend is the easing of mortgage rates, which have been falling in recent months. Combined with wages that are still on the rise, the overall picture for affordability is gradually improving. This means more potential buyers are able to enter the market or consider moving up the property ladder, creating healthy demand for homes across the country.
Amanda Bryden, Head of Mortgages at Halifax, notes that more flexible affordability assessments are now in place, helping buyers to secure the homes they want. She anticipates a steady path of modest house price gains through the rest of the year, supported by stable activity levels and buyer confidence.
For sellers, this combination of rising prices, competitive mortgage rates and strong buyer demand presents a prime opportunity. Listing your home while the market is showing sustained strength can help you secure an attractive price, particularly as competition between buyers remains healthy.
With the right preparation and marketing, sellers can take advantage of the current conditions to achieve a timely sale and a strong return. If you have been waiting for the right moment to make your move, the current market trends suggest that the second half of 2025 could be an excellent time to put your property on the market.
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