Royal Bank of Canada capital market analyst Anthony Codling quoted UK Halifax housing price data as saying that although housing prices in the UK fell 0.2% in December, ending a five-month continuous upward trend, UK housing prices are expected to rise in 2025. Although the country's macroeconomic outlook remains uncertain, demand for housing still exceeds supply. Rising living costs, higher interest rates on long-term mortgages, and budget problems have not dampened people's desire to buy homes. Codling said, “Today's housing price data is unlikely to change the minds of those who want to buy a home because the overall sentiment in the market is stable rather than the recent sharp rise or fall.”

Royal Bank of Canada capital market analyst Anthony Codling quoted UK Halifax housing price data as saying that although housing prices in the UK fell 0.2% in December, ending a five-month continuous upward trend, UK housing prices are expected to rise in 2025. Although the country's macroeconomic outlook remains uncertain, demand for housing still exceeds supply. Rising living costs, higher interest rates on long-term mortgages, and budget problems have not dampened people's desire to buy homes. Codling said, “Today's housing price data is unlikely to change the minds of those who want to buy a home because the overall sentiment in the market is stable rather than the recent sharp rise or fall.”