Home Prices Index in United Kingdom
The United Kingdom economy recorded average house price growth of 5.4% in the decade to 2022. In 2022, house price growth was 9.8%.
United Kingdom Home Prices Chart
United Kingdom Home Prices Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Home Prices Index (ann. var. %) | 0.9 | 2.8 | 8.1 | 9.3 | 0.2 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects British home prices projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable home prices forecast available for British home prices.
Download one of our sample reports to visualize what a Consensus Forecast is and see our British home prices projections.
Want to get access to the full dataset of British home prices forecasts? Send an email to info@focus-economics.com.