Halifax House Price Index February: Market maintains early-year momentum

The February 2026 Halifax House Price Index was released earlier today – what is new in 2026?

TheHalifax House Price Index(HPI) for February 2026 was published today – we’ve put together an overview of what it covers.

The latest data shows that UK house prices increased in February by +0.8%, following a +0.8% fall in January. The average house price now sits at £301,151 – remaining above £300k. With annual growth at +1.3%, up from +1.1% in January.

Keeping consistent from 2025, the index shows Northern Ireland continuing to record the strongest property price growth of any nation or region in the UK, with average prices up +6.3% annually, and an average home now costing £218.286. Scotland has also recorded strong growth, rising +4.7% annually to an average price of £222,286. 

Amanda Bryden, Head of Mortgages, Halifax noted that “The housing market built on its steady start to the year in February, with average prices rising by +0.3%, following an increase of +0.8% in January. Annual growth also picked up to +1.3%, its strongest rate for four months. Since the start of the year, average prices have increased by around £3,000, with a typical property now costing £301,151.

These latest figures suggest the market has regained some momentum after a softer end to 2025. While industry data for January show a slight easing in new mortgage approvals, overall activity has continued to prove resilient.”

  • Average house price has increased by +0.3% in February.
  • Property prices grown by +1.3% on an annual basis.
  • Typical UK home now costs £301,151.
  • Northern Ireland continues to have the strongest annual property price growth in the UK.

 The next Halifax House Price Indexis scheduled for release on Wednesday 8th April 2026.

Delve deeper into property market data for Q3 ‘2025 and discover our latest Residential Property Trends Report.

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