{"id":144993,"date":"2024-06-07T16:20:45","date_gmt":"2024-06-07T09:20:45","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-stabilise-as-rising-wages-and-consumer-confidence-steady-market\/"},"modified":"2024-06-07T16:33:36","modified_gmt":"2024-06-07T09:33:36","slug":"uk-house-prices-stabilise-as-rising-wages-and-consumer-confidence-steady-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-stabilise-as-rising-wages-and-consumer-confidence-steady-market\/","title":{"rendered":"UK house prices stabilise as rising wages and consumer confidence steady market"},"content":{"rendered":"<p>&#013;<br \/>\nAverage price of a home dipped by 0.1%, says Halifax, bringing cost of typical property down to \u00a3288,688Business live \u2013 latest updatesUK house prices held steady in May underpinned by rising wages and an increase in economic confidence during the important spring selling season, according to the latest data from mortgage lender Halifax.Average house prices were stable in May, dipping 0.1% on a monthly basis. The typical UK home now costs \u00a3288,688 \u2013 reduced slightly from \u00a3288,862 in April, according to Halifax\u2019s index . On an annual basis, prices were up by 1.5% in May and up from 1.1% in April. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/article\/2024\/jun\/07\/uk-house-prices-stabilise-as-rising-wages-and-consumer-confidence-steady-market\" target=\"_blank\" rel=\"noopener\">UK house prices stabilise as rising wages and consumer confidence steady market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Average price of a home dipped by 0.1%, says Halifax, bringing cost of typical property&#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-144993","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-BIB","jetpack-related-posts":[{"id":157692,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-inflation-holds-steady-at-2-3-in-june-2025-as-consumer-and-wholesale-prices-stabilise\/","url_meta":{"origin":144993,"position":0},"title":"Saudi inflation holds steady at 2.3% in June 2025 as consumer and wholesale prices stabilise","date":"July 15, 2025","format":false,"excerpt":"\r Saudi Arabia\u2019s annual inflation rate remained unchanged at 2.3 per cent in June 2025\r \r Source : arabianbusiness.com\r Read more...Saudi inflation holds steady at 2.3% in June 2025 as consumer and wholesale prices stabilise","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/07\/Saudi-Riyal-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"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":144993,"position":1},"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":145578,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-still-unaffordable-for-many-people-says-nationwide\/","url_meta":{"origin":144993,"position":2},"title":"UK house prices still unaffordable for many people, says Nationwide","date":"July 1, 2024","format":false,"excerpt":"\r High mortgage interest rates and soaring bills hitting affordability despite wages rising above inflationBusiness live \u2013 latest updatesHouse prices in the UK remain unaffordable for many households despite wages rising above inflation for the typical earner, Nationwide has said.Britain\u2019s largest building society said house prices rose slightly in June\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171922,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-for-third-successive-month-amid-iran-war-uncertainty\/","url_meta":{"origin":144993,"position":3},"title":"UK house prices fall for third successive month amid Iran war uncertainty","date":"June 5, 2026","format":false,"excerpt":"\r Unexpected monthly drop of 0.1% in May leaves price of typical home at \u00a3298,806, says lender HalifaxBusiness live \u2013 latest updatesUK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected affordability and homebuyer demand.The average price of a typical UK home\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-prices-stabilise-as-number-of-homes-on-the-market-falls\/","url_meta":{"origin":144993,"position":4},"title":"House prices stabilise as number of homes on the market falls","date":"August 1, 2017","format":false,"excerpt":"\r Property values rise slightly for the second month in a row even as transactions and mortgage approvals declineA shortage of homes for sale has kept house prices rising despite falling consumer incomes and political uncertainty, according to figures from Nationwide.The building society said that the average house went up\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-as-mortgage-rate-cuts-lift-confidence\/","url_meta":{"origin":144993,"position":5},"title":"UK house prices rise as mortgage rate cuts lift confidence","date":"March 7, 2023","format":false,"excerpt":"\r Average monthly increase of 1.1% to \u00a3285,476 in February, after falls in previous two months, says HalifaxUK house prices picked up in February from the previous month as recent reductions in mortgage rates helped to stabilise the market, according to the lender Halifax.The average house price rose 1.1% to\u2026","rel":"","context":"In &quot;Property 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