The Halifax House Price Index is a key barometer of UK house prices based on Halifax mortgage transaction data and has been calculated since January 1983.
IHS Markit owns and acts as administrator for the Halifax House Price Index, the UK’s longest running house price index series. It is closely watched by economists, central banks, financial markets and the media.
IHS Markit has established a governance and control framework which incorporates the creation, determination and distribution of the Halifax House Price Index in order to protect and maintain the integrity of the indices and address any conflicts of interest. IHS Markit is responsible for the calculation, administration and distribution of all of the indices that comprise the Halifax House Price Index family. IHS Markit owns the Halifax House Price Index, while the headline UK All Houses All Buyers Index is sponsored by Halifax. There are no changes to either the index methodologies or index names or identifiers.
IHS Markit maintains all responsibility for the index administration in relation to Halifax House Price Index, including chairing all index governance committees and maintaining all documentation for each index that we administer.
Key benefits:
- Historical data – Make decisions with the UK’s longest running house price series, with data extending back as far as January 1983
- Coverage – Access 122 HPI indices, comprising 5 monthly indices, 65 quarterly indices and 52 annual indices – covering all 12 UK regions, in addition to indices for all houses, all buyers, existing homes, first-time buyers and former owner occupiers
- Transparency – Rely on publicly available methodology guides, providing users with clear understanding of model methodology and calculation
- Consistent – Leverage a proven methodology that has remained consistent throughout the Halifax HPI history, enabling direct comparability of current index levels with historical values