Analysis and action on living standards
The Housing Outlook contains twelve interactive charts which indicate market trends, housing’s impact on living standards and housing policy developments. Where possible, we present regional breakdowns to improve understanding of how trends play out differently across the country. All data can be downloaded, and are updated each quarter along with the publication of the Housing Outlook.
House prices in recessions
Welcome to Housing Outlook Q3 2020. In this edition we examine how house prices have behaved in previous recessions, and look set to adjust to the coronavirus crisis. While some might see anticipated house price falls as a potential opportunity for young people to get onto the housing ladder, the Office for Budget Responsibility’s house price scenarios suggest otherwise. We show that the average first-time buyer is in no stronger a position today than before the crisis: house prices may be set to tumble, but so too are incomes, while tighter credit conditions could limit options further. Moreover, the recently...
In this edition we examine how house prices have behaved in previous recessions, and look set to adjust to the coronavirus crisis.
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