Solar-energy-powered photocatalytic fuel production and chemical synthesis are widely recognized as viable technological solutions for a sustainable energy future. However, the requirement of high-performance photocatalysts is a major bottleneck. Halide perovskites, a category of diversified semiconductor materials with suitable energy-band-enabled high-light-utilization efficiencies, exceptionally long charge-carrier-diffusion-length-facilitated charge transport, and readily tailorable compositional, structural, and morphological properties, have emerged as a new class of photocatalysts for efficient hydrogen evolution, CO2 reduction, and various organic synthesis reactions. Despite the noticeable progress, the development of high-performance halide perovskite photocatalysts (HPPs) is still hindered by several key challenges: the strong ionic nature and high hydrolysis tendency induce instability and an unsatisfactory activity due to the need for a coactive component to realize redox processes. Herein, the recently developed advanced strategies to enhance the stability and photocatalytic activity of HPPs are comprehensively reviewed. The widely applicable stability enhancement strategies are first articulated, and the activity improvement strategies for fuel production and chemical synthesis are then explored. Finally, the challenges and future perspectives associated with the application of HPPs in efficient production of fuels and value-added chemicals are presented, indicating the irreplaceable role of the HPPs in the field of photocatalysis.