Halifax says house prices to be little changed in 2013

House prices 2013 will be another year of little price change, predicts the Halifax

House prices will see little change next year, predicts the Halifax.

Its forecast came as it reported a slight bounce-back in prices in November.

Its latest monthly survey suggests that prices rose by 1% last month to £160,879, though that was still 1.3% down on a year ago.

During the past six months, the trend has been for average prices to drop slightly across the UK, on the Halifax's measurements.

The lender predicted that in 2013, prices would end the year somewhere in a range between 2% up on 2012, and 2% down.

"Conditions in the housing market have been largely unchanged over the past 12 months with little overall movement in either house prices or sales for the second consecutive year," said Martin Ellis, the Halifax's housing economist.

"This stability is remarkable given the poor domestic economic climate and the considerable uncertainty regarding the prospects for both the UK and world economies."

The interactive content on this page requires JavaScript

UK house prices

Year on year % change


More on This Story

The BBC is not responsible for the content of external Internet sites

More Business stories



Try our new site and tell us what you think. Learn more
Take me there

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.