UK Housing Observatory

2016Q2 Release. Overview: UK property prices continue to grow and are currently at historical highs. However, the rate of price growth is slowing down and national-level exuberance indicators are still far from the explosive threshold. There is a considerable variation in the rates of property price inflation across regional markets in the UK. The growth of London house prices is rising again, to 1.4%, after a slowdown recorded in the previous release.  Read more

Find out more about the UK Housing Observatory project.

Learn more

Indicators of house price exuberance in the UK National Market. Updated every quarter.

Learn more

Indicators of house price exuberance for 13 regional real estate markets in the UK. Updated every quarter.

Learn more

Links to Excel files containing the exuberance indicators are available for download in this section.

Learn more

R and Eviews codes implementing the econometric tests of Phillips et al. (2013) "Testing for Multiple Bubbles 1: Historical Episodes of Exuberance and Collapse in the S&P 500".

Learn more

Links to related publications describing the methodology of the Generalised Supremum Augmented Dickey Fuller test used for identification of explosive episodes. 

Learn more

A detailed description of the methodology and sources of housing data is available in this section.

Learn more