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.
Trends in housing transactions allow us to track the level of activity in the housing market. The chart below looks at the number of sales that have occurred at the national level and in each region during the past three months, per thousand households (to adjust for the different numbers of dwellings in each region).
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Sales data is a four quarter rolling average.
RF analysis of HM Land Registry, UK House Price Index; ONS, Quarterly Labour Force Survey