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What is happening to house prices: the Home guide
Follow the Home Asking Price Index and understand what asking and sold prices tell you about the housing market.
In this guide
June 2020
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Home Asking Price Index, June 2020: the market reanimates, vendors return with higher prices
The mix-adjusted average asking price for England and Wales rose 0.7% in May, while new sales instructions reached only 43% of May 2019 levels.
May 2020
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Home Asking Price Index, May 2020: collapse in supply of new instructions
New sales instructions across the UK fell 85% year-on-year while average asking prices in England and Wales slipped just 0.1% month-on-month.
April 2020
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Home Asking Price Index, April 2020: UK home market paralysed by lockdown
New sales instructions across the UK fell 23% year-on-year in April 2020 as the COVID-19 lockdown froze the housing market and average prices dipped 0.6%.
March 2020
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Home Asking Price Index, March 2020: home prices bounce to new high as confidence returns
Asking prices in England and Wales jumped 1.1% in a single month, lifting annual growth to 1.8% as confidence returned across all regions.
February 2020
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Home Asking Price Index, February 2020: post-Brexit certainty and shortages boost home prices
UK asking prices rose 0.4% in February 2020, up 0.9% year-on-year, as low stock levels and returning confidence pushed prices and rents higher.
January 2020
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Home Asking Price Index, January 2020: scarcity primes the market for recovery
Asking prices across England and Wales rose 0.3% annually in January 2020, as new instructions fell to a five-year low and sales stock dropped 9.7% year on year.
December 2019
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Home Asking Price Index, December 2019: election anxiety hobbles the market
UK new sales instructions fell 16% year-on-year while England and Wales asking prices dropped just 0.3% annually amid election-related uncertainty.
November 2019
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Home Asking Price Index, November 2019: property supply drops in both sales and rentals
UK property supply fell across both sales and lettings in November 2019, with sales stock down 8.0% and rental supply down 14% year-on-year, while annual price growth stood at 0.0%.
October 2019
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Home Asking Price Index, October 2019: reluctant vendors cut supply and boost home prices
Asking prices across England and Wales rose 0.3% in October as UK supply fell 17% year-on-year, lifting annual growth to +0.1%.
September 2019
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Home Asking Price Index, September 2019: first green shoots in London despite Brexit ire
London shows early signs of recovery as stock falls 18% year-on-year, while England and Wales prices stay broadly flat, down just 0.1% annually.
August 2019
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Home Asking Price Index, August 2019: home prices slip but market still strong despite Brexit
Average asking prices in England and Wales fell 0.2% annually in August 2019, while London stabilised and the East of England dropped 3.0%.
July 2019
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Home Asking Price Index, July 2019: supply drop stabilises London prices
London asking prices rose for a fifth consecutive month while national annual growth remained negative at -0.4%, as new instructions fell across all regions.