Reports
Annual house price growth was gaining momentum before the pandemic struck the UK
- Annual house price growth edges up to 3.7%, the strongest since February 2017
- Impact of pandemic will not be fully captured in this month’s data
- 7% rise month-on-month, after taking account of seasonal factors
Annual house price growth edged higher before the pandemic struck the UK
- Prices rose 0.8% in March, after taking account of seasonal factors
- The sample period excludes recent COVID-19 related disruption
- Annual growth highest since January 2018
- Most UK regions saw small price gains in Q1
Annual house price growth strongest since July 2018
- Annual house price growth edges up to 2.3%, the strongest rate for 18 months
- 3% rise month-on-month, after taking account of seasonal factors
2010s weakest decade for house price growth since 1990s but affordability metrics present a mixed picture
- House prices up 33% in 10s vs 180% in 80s
- London top performer in 2010s with house prices rising twice as fast as UK average
- Low interest rates have helped support affordability through the decade
- High house price to earnings ratio make deposit a major barrier for first time buyers
Modest pick-up in house price growth in January
- Annual house price growth edged up to 1.9%
- 5% rise month-on-month, after taking account of seasonal factors
Annual house price growth of 1.4% in 2019
- Prices rose 0.1% in December, after taking account of seasonal factors
- Annual price declines persist in London and the Outer South East (see p2 for more detail)
- Raising a deposit remains key challenge for prospective first time buyers
House price growth marginally higher in November
- Annual house price growth remained subdued at 0.8%
- 5% rise month-on-month, after taking account of seasonal factors
Little change in UK house price growth in October
- Annual house price growth remained subdued at 0.4%
- Modest 0.2% rise month-on-month, after taking account of seasonal factors
House price growth remained subdued in September
- Annual house price growth dipped to 0.2% in September
- Modest 0.2% price fall during the month, after taking account of seasonal factors
- Annual price declines persist in London and the South East
Little change in UK house price growth in August
- Annual house price growth remained subdued at 0.6%
- Prices unchanged month-on-month, after taking account of seasonal factors
UK house price growth remained subdued in July
- Slight slowing in the rate of annual house price growth to 0.3%
- Modest 0.3% month-on-month rise, after taking account of seasonal factors
House price growth slows to just 0.5% in 2018, down from 2.6% in 2017
- Annual house price growth slows to its weakest pace since February 2013
- Prices fell 0.7% in the month of December, after taking account of seasonal factors
- Outer Metropolitan and London regions both recorded small house price declines in 2018
