Analysis and action on living standards
The health of the housing market affects – and reflects – the health of the economy as a whole. This basket of indicators contains national and regional trends in house price and rental price growth; housing sales and mortgage approvals. We also provide a timely estimate of house price growth, one month ahead of official data.
Whether or not potential house buyers can secure a mortgage to make a house purchase depends on the credit market, and how many mortgages are being approved by financial institutions. Here we track the monthly number of mortgages for house purchase (rather than extending an existing mortgage, for example), in the UK.
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