Housing Observatory

UK Housing Observatory

A project developed by the Economics Department at Lancaster University Management School aimed at improving understanding of the UK national and regional house price dynamics.

Houses

About Us

The UK Housing Observatory is a project of the Economics Department at Lancaster University Management School (LUMS), led by Ivan PayaAlisa YusupovaEfthymios Pavlidis and David Peel, aiming to improve our understanding of the UK national and regional housing markets.

We provide a comprehensive publicly available set of information and tools to perform real-time monitoring of domestic real estate markets both at the national and regional level. We generate a novel House Price Uncertainty Index; original Indicators of House Price Exuberance, and produce Forecasts of house price growth for 1,2,3 and 4 quarters ahead for the UK national and regional markets, updated quarterly. Please note our disclaimer in regards to the usage of our data.

Our research is not confined to the UK real estate market alone. We work in cooperation with the International House Price Database of the Globalization and Monetary Policy Institute on providing similar exuberance indicators for international markets, which are available at The Federal Reserve Bank of Dallas website.

Latest Release: 2018 Q3

Overview: The growth rate of UK property prices has been falling over the last three quarters. The annual growth rate currently stands at 2.1%. This is the lowest growth rate of national housing prices since 2013 Q2. House prices in London have fallen by nearly 3% since 2017 Q1. 

To find out more view our Summary of the latest release.

Resources

Discover our key resources including our data archive, publications and econometrics code.