House prices rose for the third month in a row as mortgage rates eased and continued wage growth helped sales remain resilient.
The value of a typical home rose 0.3pc in August compared to July, according to the Halifax house price index.
Average house prices stood at £299,331, which was up 2.2pc compared to the same time last year.
Amanda Bryden of Halifax said: “The story of the housing market in 2025 has been one of stability. Since January, prices have risen by less than £600, underlining how steady the market has been despite wider economic pressures.
“While the wider economic picture remains uncertain, the housing market has shown over recent years that it can take these challenges in its stride.”
