The Halifax House Price Index in the UK rose 0.7% year-on-year in November 2025, easing from 1.9% in October and marking the slowest growth since March 2024. The average property price edged up to a record 299,892 GBP, a monthly increase of just 139 GBP. On a monthly basis, prices were flat, following a 0.5% rise in October and missing expectations of a 0.2% gain. The slowdown largely reflects stronger price growth a year earlier. Amanda Bryden, Head of Mortgages at Halifax, said the market has remained one of the most stable in the past decade, with prices steady despite Stamp Duty changes and Autumn Budget uncertainty. She noted that affordability has improved, with mortgage costs as a share of income now at their lowest in about three years. Regionally, Northern Ireland led annual growth at +8.9%, followed by Scotland (+3.7%) and Wales (+1.9%). In England, the North West recorded the strongest gain at +3.2%, with the North East up 2.9%.