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UK Home Prices Fall for Fourth Month in Row As Cost of Living and Rising Rates Bite

The Cost of the Average Home in the UK Fell 1.5% in December From November
Average UK house prices have grown 974% since 1983. (Getty Images)
Average UK house prices have grown 974% since 1983. (Getty Images)
CoStar News
January 6, 2023 | 2:29 P.M.

In December, the cost of the average UK home was £281,272, a fall on the previous month of 1.5%, with annual growth slowing to 2% from 4.6%, according to the Halifax House Price Index.

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