Lloyds House Price Index October 2026: prices fall for second consecutive month, biggest annual drop since October 2023

Created Nov 6, 2026 • AI-generated summary

Lloyds (formerly Halifax) House Price Index for October 2026, published 6 November 2026: UK house prices fell 0.6% month-on-month (after -0.1% in September), average price £296,285, annual decline of 1.2%, the largest annual fall since October 2023. Regional: Northern Ireland strongest at +4.4%, Scotland +2.8%, Wales +1.6%, North West +2.2%, North East +2.0%, West Midlands +0.3%, Greater London weakest at -3.1% to £524,892, South East and South West both -2.4%. Commentary from Andrew Asaam (Lloyds mortgages director) on inflationary pressures and higher borrowing costs, with Lloyds not expecting a prolonged decline; market reaction from Jonathan Hopper (Garrington) and Tanya Elmaz (Together) describing a lack of momentum. Membership limited to coverage of this specific Lloyds October 2026 house price index release.