{"id":138678,"date":"2023-08-07T14:38:00","date_gmt":"2023-08-07T07:38:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-drop-again-as-halifax-says-first-time-buyers-are-switching-to-smaller-homes\/"},"modified":"2023-08-07T15:07:21","modified_gmt":"2023-08-07T08:07:21","slug":"uk-house-prices-drop-again-as-halifax-says-first-time-buyers-are-switching-to-smaller-homes","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-drop-again-as-halifax-says-first-time-buyers-are-switching-to-smaller-homes\/","title":{"rendered":"UK house prices drop again as Halifax says first-time buyers are switching to smaller homes"},"content":{"rendered":"<p>&#013;<br \/>\nDecline in July is fourth monthly fall in a row with prices dropping by 2.4% on an annual basis, says lenderThe average UK house price has fallen for the fourth month in a row, according to Halifax, which says higher borrowing costs are increasingly pushing first-time buyers to switch to smaller homes.The average UK house price fell by 0.3% in July, its monthly index showed, with the typical UK home costing \u00a3285,044, compared with a peak of \u00a3293,992 last August. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2023\/aug\/07\/uk-house-prices-drop-again-as-halifax-says-first-time-buyers-are-switching-to-smaller-homes\" target=\"_blank\" rel=\"noopener\">UK house prices drop again as Halifax says first-time buyers are switching to smaller homes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Decline in July is fourth monthly fall in a row with prices dropping by 2.4%&#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-138678","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-A4K","jetpack-related-posts":[{"id":132498,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-in-14-years-says-halifax\/","url_meta":{"origin":138678,"position":0},"title":"UK house prices fall at fastest rate in 14 years, says Halifax","date":"December 7, 2022","format":false,"excerpt":"\r Average price of property in November was \u00a3285,579, down 2.3% from \u00a3292,406 in OctoberHouse prices in the UK fell by 2.3% in November, according to Halifax, the largest monthly drop on its index since the beginning of the financial crash in 2008.The fall is the third in a row,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103751,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-in-january-as-brexit-puts-off-buyers\/","url_meta":{"origin":138678,"position":1},"title":"UK house prices fall in January as Brexit puts off buyers","date":"February 7, 2019","format":false,"excerpt":"\r Biggest monthly drop since April comes while annual growth slows to 0.8% \u2013 HalifaxHouse prices in the UK fell 2.9% in January from December and the annual growth rate slowed sharply as Brexit fears put off buyers, according to Halifax, one of Britain\u2019s biggest mortgage lenders.Halifax said the monthly\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-again-as-easing-of-mortgage-rates-tempts-more-buyers\/","url_meta":{"origin":138678,"position":2},"title":"UK house prices rise again as easing of mortgage rates tempts more buyers","date":"December 7, 2023","format":false,"excerpt":"\r Monthly increase of 0.5% in November comes as average price of property goes up to \u00a3283,615, says HalifaxBusiness live \u2013 latest updatesUK house prices rose for the second month in a row in November, according to a leading index, as a slight easing in mortgage rates helped coax more\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-steady-in-april-as-higher-mortgage-rates-bite\/","url_meta":{"origin":138678,"position":3},"title":"UK house prices steady in April as higher mortgage rates bite","date":"May 7, 2024","format":false,"excerpt":"\r First-time buyers targeting smaller properties, with flats closing \u2018growth gap\u2019 on houses, says HalifaxBusiness live \u2013 latest updatesHouse prices in the UK were steady in April after falling in March, as higher mortgage rates prompt first-time buyers to go for smaller properties, according to the mortgage lender Halifax.The price\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133595,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-house-price-falls-for-fourth-month-in-a-row-says-halifax\/","url_meta":{"origin":138678,"position":4},"title":"Average UK house price falls for fourth month in a row, says Halifax","date":"January 6, 2023","format":false,"excerpt":"\r Figure of \u00a3281,272 comes as property values drop by 1.5% in December, after 2.4% decline in NovemberThe average UK house price fell for the fourth month in a row in December, according to Halifax.Property values decreased by 1.5% in December, after a 2.4% drop in November, a 0.4% decrease\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-first-time-in-five-months\/","url_meta":{"origin":138678,"position":5},"title":"UK house prices rise for first time in five months","date":"June 7, 2017","format":false,"excerpt":"\r Shortage of properties on market inflates prices as buyers battle uncertainty over general election and BrexitUK house prices rose for the first time in five months in May as buyers were spurred on by a shortage of homes and low mortgage rates.The average price of a UK home increased\u2026","rel":"","context":"In &quot;Property 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