
The average UK house price slipped back under £300,000 in March as the war between Iran, Israel, and the United States rippled through Britain's mortgage market, according to figures released by Halifax on Wednesday.
Values fell 0.5% on the month to £299,677 ($383,000), marking the first monthly decline of 2026. Annual growth eased to 0.8%, down from 1.2% in February and short of the 1.5% rise economists had pencilled in.