{"id":138238,"date":"2023-07-07T14:30:10","date_gmt":"2023-07-07T07:30:10","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-annual-rate-since-2011-says-halifax\/"},"modified":"2023-07-07T14:55:16","modified_gmt":"2023-07-07T07:55:16","slug":"uk-house-prices-fall-at-fastest-annual-rate-since-2011-says-halifax","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-annual-rate-since-2011-says-halifax\/","title":{"rendered":"UK house prices fall at fastest annual rate since 2011, says Halifax"},"content":{"rendered":"<p>&#013;<br \/>\nAverage price of property drops by 2.6% year on year in June as mortgage rates climbBusiness live \u2013 latest updatesUK house prices experienced their biggest annual fall in 12 years, according to Halifax, the latest sign that soaring interest rates on mortgages is bringing a halt to the housing boom.The average price of a UK home tumbled 2.6% year on year last month, the largest annual decrease the lender has reported since June 2011, a significant acceleration from the 1.1% decline record in May. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2023\/jul\/07\/uk-house-prices-fall-at-fastest-annual-rate-since-2011-says-halifax-mortgage-rates\" target=\"_blank\" rel=\"noopener\">UK house prices fall at fastest annual rate since 2011, says Halifax<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Average price of property drops by 2.6% year on year in June as mortgage rates&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-138238","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zXE","jetpack-related-posts":[{"id":68362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rising-at-fastest-rate-for-eight-months-says-halifax\/","url_meta":{"origin":138238,"position":0},"title":"UK house prices rising at fastest rate for eight months, says Halifax","date":"October 6, 2017","format":false,"excerpt":"\r Mortgage lender\u2019s survey bucks trend of other recent reports suggesting housing market is weakeningUK house prices rose at their fastest rate for eight months in September as buyers shrugged off Brexit uncertainty and fears of a slowdown in consumer spending, according to one of Britain\u2019s biggest mortgage lenders.The latest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114113,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rising-at-fastest-rate-since-february-2018-halifax\/","url_meta":{"origin":138238,"position":1},"title":"UK house prices rising at fastest rate since February 2018 \u2013 Halifax","date":"February 7, 2020","format":false,"excerpt":"\r Latest figures show rate of growth at 4.1%, partly down to sales delayed due to 2019\u2019s uncertaintyUK house prices are rising at their fastest annual rate for nearly two years, according to Halifax, prompting claims that the property market is heading into the crucial spring season in reasonable shape.Halifax\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/price-of-average-uk-home-passes-300000-for-first-time-halifax-says\/","url_meta":{"origin":138238,"position":2},"title":"Price of average UK home passes \u00a3300,000 for first time, Halifax says","date":"February 6, 2026","format":false,"excerpt":"\r Property prices in January rose 0.7%, the fastest rate since November 2024 increase of 1.1%Business live \u2013 latest updatesThe average cost of a UK home passed \u00a3300,000 for the first time in January, as house prices increased at the fastest rate since November 2024.Data released by Halifax showed that\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125154,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-fastest-rate-in-15-years-says-halifax\/","url_meta":{"origin":138238,"position":3},"title":"UK house prices rise at fastest rate in 15 years, says Halifax","date":"March 7, 2022","format":false,"excerpt":"\r Average price hits \u00a3278,123 as property market continues to defy economic conditionsUK house prices are rising at their fastest rate since 2007, according to Halifax, with the typical property notching up its biggest annual cash gain in the near 40 years since the lender\u2019s index began.Two years on from\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-prices-rose-at-fastest-rate-in-almost-a-year-says-halifax\/","url_meta":{"origin":138238,"position":4},"title":"House prices rose at fastest rate in almost a year, says Halifax","date":"September 7, 2018","format":false,"excerpt":"\r Lender\u2019s August data differs from that of rival Nationwide, pointing to north-south marketHouse price inflation has risen to its highest rate in nearly a year, according to Halifax, with prices accelerating at an annual rate of 3.7%, significantly above the rate of wage growth.Britain\u2019s biggest mortgage lender said the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rising-amid-shortage-of-properties-says-halifax\/","url_meta":{"origin":138238,"position":5},"title":"UK house prices rising amid shortage of properties, says Halifax","date":"September 7, 2017","format":false,"excerpt":"\r Mortgage lender says employment growth may also have boosted prices, although consumers are facing squeezeUK house price growth picked up last month, underpinned by strong employment growth and a shortage of properties on the market, according to Britain\u2019s biggest mortgage lender.The average price of a house rose by 1.1%\u2026","rel":"","context":"In &quot;Property 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