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.


About Us

The latest boom and bust in international housing markets has generated a renewed interest in the dynamics of house prices. 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 perform real-time monitoring of domestic real estate markets both at the national and regional level. We generate indicators of house price exuberance and produce the most comprehensive publicly available forecasts of house price growth for 1,2,3 and 4 quarters ahead for the national and regional markets in the UK. Our latest results are updated every quarter in January, April, July and October. Please take note of 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 Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute on providing similar indicators for international house price data, which are available at the The Federal Reserve Bank of Dallas website.

2017 Q4 Release

Overview: The UK real property prices have declined by 0.2% during 2017. However, the decline in house prices has not been homogenous across regions. Over the last year, Greater London recorded the lowest real house price inflation among regional property markets in the UK (-3.3%).

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


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