House prices in the three months to July 2017 were 0.2% lower than in the three months to April 2017.
The Halifax House Price Index is the UK's longest running monthly house price series with data covering the whole country going back to January 1983.
From this data, a "standardised" house price is calculated and property price movements on a like-for-like basis (including seasonal adjustments) are analysed over time. The annual change is calculated as an average for the latest three months compared with the same period a year earlier. These figures provide a better picture of the underlying trend compared to a monthly year-on-year number as they smooth out any short-term fluctuations.
Markit, a leading global diversified provider of financial information services (Nasdaq: MRKT), has acquired the Halifax House Price Index from Lloyds Banking Group. Only the UK All Houses All Buyers Index is available here, while all other indices are available from Markit via the Markit website. The index name and methodology remain unchanged.
Published at 8.30am on:
Thursday 7th September
Friday 6th October
Tuesday 7th November
Thursday 7th December
Monday 8th January
Wednesday 7th February
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The Halifax House Price Index ("Index") is owned exclusively by Markit Group Limited and its affiliates ("Markit") and published by Lloyds Bank plc ("Lloyds") on behalf of Markit. Lloyds is the sole person who submits data to Markit in order for Markit to produce the Index. As publisher and sole submitter to the Index, Lloyds and its affiliates are not responsible for, and are not in any way liable to you or anyone else, for any inaccuracies, errors or omissions, regardless of cause, in the data contained in the Index or the Index itself.
The Index is prepared from information that Markit and Lloyds believes is collated with care, but Markit and/or Lloyds do not make any warranty, guarantee or representation as to its accuracy, timeliness or completeness, or its fitness for any particular purpose. The Index is provided on an "as is", "where is" basis. Markit reserves the right to vary or discontinue the Index at any time for regulatory or other reasons. Various factors, including external factors beyond Markit and Lloyds' control might necessitate material changes to the Index.
All intellectual property rights in the Index belong to Markit unless otherwise specified. Any unauthorised use, including but not limited to copying, distributing, transmitting or otherwise of any data appearing is not permitted without Markit’s prior consent. Markit shall not have any liability, duty or obligation for or relating to the content or information (“data”) contained herein, any errors, inaccuracies, omissions or delays in the data, or for any actions taken in reliance thereon. In no event shall Markit be liable for any special, incidental, or consequential damages, arising out of the use of the data. For the avoidance of doubt, the Index and the data cannot be used as a “benchmark” under the Principles for Financial Benchmarks published by the International Organization Of Securities Commissions in July, 2013 or the European Union Regulation for Financial Benchmarks any other similar or comparable framework, principles, guidelines, rules, regulations or laws governing the administration of, submission of data to or the management of benchmarks and indices, including for the purposes of measuring the performance of a financial instrument or determining the interest payable, or other sums due under financial contracts or financial instruments or determining their value or the price at which they be bought, sold, traded or redeemed. A licence from Markit is required for benchmark and all other uses of the Halifax House Price Index.
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