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United Kingdom Nationwide Housing Prices Year-over-Year (YoY)
Price
The current value of the Nationwide Housing Prices Year-over-Year (YoY) in United Kingdom is 3.2 %. The Nationwide Housing Prices Year-over-Year (YoY) in United Kingdom increased to 3.2 % on 9/1/2024, after it was 2.4 % on 8/1/2024. From 1/1/1992 to 9/1/2024, the average GDP in United Kingdom was 5.21 %. The all-time high was reached on 1/1/2003 with 26.5 %, while the lowest value was recorded on 2/1/2009 with -17.6 %.
Nationwide Housing Prices Year-over-Year (YoY) ·
3 years
5 years
10 years
25 Years
Max
| Nationwide Housing Prices YoY | |
|---|---|
| 9/1/1993 | 0.2 % |
| 10/1/1993 | 1 % |
| 11/1/1993 | 2 % |
| 12/1/1993 | 3.4 % |
| 1/1/1994 | 3.1 % |
| 2/1/1994 | 2.3 % |
| 3/1/1994 | 3.8 % |
| 5/1/1994 | 1.7 % |
| 9/1/1994 | 0.8 % |
| 10/1/1994 | 3.2 % |
| 11/1/1994 | 2.9 % |
| 12/1/1994 | 1.3 % |
| 4/1/1995 | 1.1 % |
| 5/1/1995 | 0.8 % |
| 2/1/1996 | 0.9 % |
| 4/1/1996 | 1.2 % |
| 5/1/1996 | 1.4 % |
| 6/1/1996 | 3.9 % |
| 7/1/1996 | 3.8 % |
| 8/1/1996 | 5.4 % |
| 9/1/1996 | 6.7 % |
| 10/1/1996 | 7.9 % |
| 11/1/1996 | 8.8 % |
| 12/1/1996 | 8.5 % |
| 1/1/1997 | 8.2 % |
| 2/1/1997 | 8.5 % |
| 3/1/1997 | 9.7 % |
| 4/1/1997 | 8.9 % |
| 5/1/1997 | 10 % |
| 6/1/1997 | 11 % |
| 7/1/1997 | 12.2 % |
| 8/1/1997 | 12.1 % |
| 9/1/1997 | 12.9 % |
| 10/1/1997 | 12.2 % |
| 11/1/1997 | 11.6 % |
| 12/1/1997 | 12.6 % |
| 1/1/1998 | 13.1 % |
| 2/1/1998 | 12.9 % |
| 3/1/1998 | 12.3 % |
| 4/1/1998 | 12 % |
| 5/1/1998 | 11.9 % |
| 6/1/1998 | 11.3 % |
| 7/1/1998 | 10.8 % |
| 8/1/1998 | 9.2 % |
| 9/1/1998 | 7.5 % |
| 10/1/1998 | 7.5 % |
| 11/1/1998 | 6.9 % |
| 12/1/1998 | 7 % |
| 1/1/1999 | 7.4 % |
| 2/1/1999 | 6.8 % |
| 3/1/1999 | 7.6 % |
| 4/1/1999 | 7.1 % |
| 5/1/1999 | 7.4 % |
| 6/1/1999 | 7.5 % |
| 7/1/1999 | 6.9 % |
| 8/1/1999 | 9.8 % |
| 9/1/1999 | 11 % |
| 10/1/1999 | 11.6 % |
| 11/1/1999 | 13.3 % |
| 12/1/1999 | 13.3 % |
| 1/1/2000 | 13.1 % |
| 2/1/2000 | 15 % |
| 3/1/2000 | 16.2 % |
| 4/1/2000 | 17.5 % |
| 5/1/2000 | 15.8 % |
| 6/1/2000 | 15.1 % |
| 7/1/2000 | 13.9 % |
| 8/1/2000 | 11.2 % |
| 9/1/2000 | 10.2 % |
| 10/1/2000 | 9.9 % |
| 11/1/2000 | 9.1 % |
| 12/1/2000 | 9.3 % |
| 1/1/2001 | 11.2 % |
| 2/1/2001 | 8.1 % |
| 3/1/2001 | 7.2 % |
| 4/1/2001 | 6.6 % |
| 5/1/2001 | 7.7 % |
| 6/1/2001 | 9.3 % |
| 7/1/2001 | 10.9 % |
| 8/1/2001 | 11.9 % |
| 9/1/2001 | 14.6 % |
| 10/1/2001 | 13.1 % |
| 11/1/2001 | 12.8 % |
| 12/1/2001 | 13.8 % |
| 1/1/2002 | 11.7 % |
| 2/1/2002 | 14 % |
| 3/1/2002 | 13.8 % |
| 4/1/2002 | 16.5 % |
| 5/1/2002 | 17.9 % |
| 6/1/2002 | 19.8 % |
| 7/1/2002 | 21 % |
| 8/1/2002 | 22.7 % |
| 9/1/2002 | 22.2 % |
| 10/1/2002 | 24 % |
| 11/1/2002 | 25.5 % |
| 12/1/2002 | 25.3 % |
| 1/1/2003 | 26.5 % |
| 2/1/2003 | 24.8 % |
| 3/1/2003 | 26.2 % |
| 4/1/2003 | 22.2 % |
| 5/1/2003 | 21.3 % |
| 6/1/2003 | 19.2 % |
| 7/1/2003 | 17.9 % |
| 8/1/2003 | 16.6 % |
| 9/1/2003 | 15.5 % |
| 10/1/2003 | 16.1 % |
| 11/1/2003 | 15.2 % |
| 12/1/2003 | 15.6 % |
| 1/1/2004 | 14.3 % |
| 2/1/2004 | 17.1 % |
| 3/1/2004 | 16.7 % |
| 4/1/2004 | 18.9 % |
| 5/1/2004 | 19.5 % |
| 6/1/2004 | 19.1 % |
| 7/1/2004 | 20.3 % |
| 8/1/2004 | 18.9 % |
| 9/1/2004 | 17.8 % |
| 10/1/2004 | 15.3 % |
| 11/1/2004 | 15 % |
| 12/1/2004 | 12.7 % |
| 1/1/2005 | 12.6 % |
| 2/1/2005 | 10.2 % |
| 3/1/2005 | 7.9 % |
| 4/1/2005 | 7 % |
| 5/1/2005 | 5.5 % |
| 6/1/2005 | 4.1 % |
| 7/1/2005 | 2.6 % |
| 8/1/2005 | 2.3 % |
| 9/1/2005 | 1.8 % |
| 10/1/2005 | 3.3 % |
| 11/1/2005 | 2.4 % |
| 12/1/2005 | 3 % |
| 1/1/2006 | 4.4 % |
| 2/1/2006 | 3.7 % |
| 3/1/2006 | 5.3 % |
| 4/1/2006 | 4.8 % |
| 5/1/2006 | 4.7 % |
| 6/1/2006 | 5 % |
| 7/1/2006 | 5.9 % |
| 8/1/2006 | 6.6 % |
| 9/1/2006 | 8.2 % |
| 10/1/2006 | 8 % |
| 11/1/2006 | 9.6 % |
| 12/1/2006 | 10.5 % |
| 1/1/2007 | 9.3 % |
| 2/1/2007 | 10.2 % |
| 3/1/2007 | 9.3 % |
| 4/1/2007 | 10.2 % |
| 5/1/2007 | 10.3 % |
| 6/1/2007 | 11.1 % |
| 7/1/2007 | 9.9 % |
| 8/1/2007 | 9.6 % |
| 9/1/2007 | 9 % |
| 10/1/2007 | 9.7 % |
| 11/1/2007 | 6.9 % |
| 12/1/2007 | 4.8 % |
| 1/1/2008 | 4.2 % |
| 2/1/2008 | 2.7 % |
| 3/1/2008 | 1.1 % |
| 10/1/2009 | 2 % |
| 11/1/2009 | 2.7 % |
| 12/1/2009 | 5.9 % |
| 1/1/2010 | 8.6 % |
| 2/1/2010 | 9.2 % |
| 3/1/2010 | 9 % |
| 4/1/2010 | 10.5 % |
| 5/1/2010 | 9.8 % |
| 6/1/2010 | 8.7 % |
| 7/1/2010 | 6.6 % |
| 8/1/2010 | 3.9 % |
| 9/1/2010 | 3.1 % |
| 10/1/2010 | 1.4 % |
| 11/1/2010 | 0.2 % |
| 12/1/2010 | 0.1 % |
| 3/1/2011 | 0.1 % |
| 10/1/2011 | 0.8 % |
| 11/1/2011 | 1.6 % |
| 12/1/2011 | 1 % |
| 1/1/2012 | 0.6 % |
| 2/1/2012 | 0.9 % |
| 3/1/2013 | 0.8 % |
| 4/1/2013 | 0.9 % |
| 5/1/2013 | 1.1 % |
| 6/1/2013 | 1.9 % |
| 7/1/2013 | 3.9 % |
| 8/1/2013 | 3.5 % |
| 9/1/2013 | 5 % |
| 10/1/2013 | 5.8 % |
| 11/1/2013 | 6.5 % |
| 12/1/2013 | 8.4 % |
| 1/1/2014 | 8.8 % |
| 2/1/2014 | 9.4 % |
| 3/1/2014 | 9.5 % |
| 4/1/2014 | 10.9 % |
| 5/1/2014 | 11.1 % |
| 6/1/2014 | 11.8 % |
| 7/1/2014 | 10.6 % |
| 8/1/2014 | 11 % |
| 9/1/2014 | 9.4 % |
| 10/1/2014 | 9 % |
| 11/1/2014 | 8.5 % |
| 12/1/2014 | 7.2 % |
| 1/1/2015 | 6.8 % |
| 2/1/2015 | 5.7 % |
| 3/1/2015 | 5.1 % |
| 4/1/2015 | 5.2 % |
| 5/1/2015 | 4.6 % |
| 6/1/2015 | 3.3 % |
| 7/1/2015 | 3.5 % |
| 8/1/2015 | 3.2 % |
| 9/1/2015 | 3.8 % |
| 10/1/2015 | 3.9 % |
| 11/1/2015 | 3.7 % |
| 12/1/2015 | 4.5 % |
| 1/1/2016 | 4.4 % |
| 2/1/2016 | 4.8 % |
| 3/1/2016 | 5.7 % |
| 4/1/2016 | 4.9 % |
| 5/1/2016 | 4.7 % |
| 6/1/2016 | 5.1 % |
| 7/1/2016 | 5.2 % |
| 8/1/2016 | 5.6 % |
| 9/1/2016 | 5.3 % |
| 10/1/2016 | 4.6 % |
| 11/1/2016 | 4.4 % |
| 12/1/2016 | 4.5 % |
| 1/1/2017 | 4.3 % |
| 2/1/2017 | 4.5 % |
| 3/1/2017 | 3.5 % |
| 4/1/2017 | 2.6 % |
| 5/1/2017 | 2.1 % |
| 6/1/2017 | 3.1 % |
| 7/1/2017 | 2.9 % |
| 8/1/2017 | 2.1 % |
| 9/1/2017 | 2.3 % |
| 10/1/2017 | 2.5 % |
| 11/1/2017 | 2.5 % |
| 12/1/2017 | 2.6 % |
| 1/1/2018 | 3.2 % |
| 2/1/2018 | 2.2 % |
| 3/1/2018 | 2.1 % |
| 4/1/2018 | 2.6 % |
| 5/1/2018 | 2.4 % |
| 6/1/2018 | 2 % |
| 7/1/2018 | 2.5 % |
| 8/1/2018 | 2 % |
| 9/1/2018 | 2 % |
| 10/1/2018 | 1.6 % |
| 11/1/2018 | 1.9 % |
| 12/1/2018 | 0.5 % |
| 1/1/2019 | 0.1 % |
| 2/1/2019 | 0.4 % |
| 3/1/2019 | 0.7 % |
| 4/1/2019 | 0.9 % |
| 5/1/2019 | 0.6 % |
| 6/1/2019 | 0.5 % |
| 7/1/2019 | 0.3 % |
| 8/1/2019 | 0.6 % |
| 9/1/2019 | 0.2 % |
| 10/1/2019 | 0.4 % |
| 11/1/2019 | 0.8 % |
| 12/1/2019 | 1.4 % |
| 1/1/2020 | 1.9 % |
| 2/1/2020 | 2.3 % |
| 3/1/2020 | 3 % |
| 4/1/2020 | 3.7 % |
| 5/1/2020 | 1.8 % |
| 7/1/2020 | 1.5 % |
| 8/1/2020 | 3.7 % |
| 9/1/2020 | 5 % |
| 10/1/2020 | 5.8 % |
| 11/1/2020 | 6.5 % |
| 12/1/2020 | 7.3 % |
| 1/1/2021 | 6.4 % |
| 2/1/2021 | 6.9 % |
| 3/1/2021 | 5.7 % |
| 4/1/2021 | 7.1 % |
| 5/1/2021 | 10.9 % |
| 6/1/2021 | 13.4 % |
| 7/1/2021 | 10.5 % |
| 8/1/2021 | 11 % |
| 9/1/2021 | 10 % |
| 10/1/2021 | 9.9 % |
| 11/1/2021 | 10 % |
| 12/1/2021 | 10.4 % |
| 1/1/2022 | 11.2 % |
| 2/1/2022 | 12.6 % |
| 3/1/2022 | 14.3 % |
| 4/1/2022 | 12.1 % |
| 5/1/2022 | 11.2 % |
| 6/1/2022 | 10.7 % |
| 7/1/2022 | 11 % |
| 8/1/2022 | 10 % |
| 9/1/2022 | 9.5 % |
| 10/1/2022 | 7.2 % |
| 11/1/2022 | 4.4 % |
| 12/1/2022 | 2.8 % |
| 1/1/2023 | 1.1 % |
| 2/1/2024 | 1.2 % |
| 3/1/2024 | 1.6 % |
| 4/1/2024 | 0.6 % |
| 5/1/2024 | 1.3 % |
| 6/1/2024 | 1.5 % |
| 7/1/2024 | 2.1 % |
| 8/1/2024 | 2.4 % |
| 9/1/2024 | 3.2 % |
Nationwide Housing Prices Year-over-Year (YoY) History
| Date | Value |
|---|---|
| 9/1/2024 | 3.2 % |
| 8/1/2024 | 2.4 % |
| 7/1/2024 | 2.1 % |
| 6/1/2024 | 1.5 % |
| 5/1/2024 | 1.3 % |
| 4/1/2024 | 0.6 % |
| 3/1/2024 | 1.6 % |
| 2/1/2024 | 1.2 % |
| 1/1/2023 | 1.1 % |
| 12/1/2022 | 2.8 % |
Similar Macro Indicators to Nationwide Housing Prices Year-over-Year (YoY)
| Name | Current | Previous | Frequency |
|---|---|---|---|
🇬🇧 Average House Prices | 291,268 GBP | 289,042 GBP | Monthly |
🇬🇧 Construction Contracts | -2.9 % | -30.1 % | Quarter |
🇬🇧 Construction Output | -1.6 % | -1.7 % | Monthly |
🇬🇧 Construction PMI | 55.3 points | 52.2 points | Monthly |
🇬🇧 Home Price Index MoM | 0.3 % | 0.3 % | Monthly |
🇬🇧 Homeownership Rate | 65.2 % | 65 % | Annually |
🇬🇧 Housing Index | 505.9 points | 504.5 points | Monthly |
🇬🇧 Housing Price Index YoY | 1.5 % | 1.1 % | Monthly |
🇬🇧 Housing starts | 22,990 units | 22,580 units | Quarter |
🇬🇧 Mortgage approvals | 64,860 | 62,500 | Monthly |
🇬🇧 Mortgage Interest Rate | 7.69 % | 7.83 % | Monthly |
🇬🇧 Mortgage loan | 2.861 B GBP | 2.796 B GBP | Monthly |
🇬🇧 National Housing Prices | 530.83 points | 529.4 points | Monthly |
🇬🇧 Nationwide Housing Prices MoM | 0.7 % | -0.2 % | Monthly |
🇬🇧 Price-Rent Ratio | 117.596 | 118.258 | Quarter |
🇬🇧 Private Rental Prices | 8.9 % | 9.2 % | Monthly |
🇬🇧 Residential property prices | -1.71 % | -0.79 % | Quarter |
🇬🇧 RICS Housing Price Balance | 1 % | -18 % | Monthly |
The Nationwide House Price Index serves as an indicator of trends in UK house prices. The index is calculated based on owner-occupier house purchase transactions that involve a mortgage, excluding buy-to-let and cash purchases.
Macro pages for other countries in Europe
- 🇦🇱Albania
- 🇦🇹Austria
- 🇧🇾Belarus
- 🇧🇪Belgium
- 🇧🇦Bosnia and Herzegovina
- 🇧🇬Bulgaria
- 🇭🇷Croatia
- 🇨🇾Cyprus
- 🇨🇿Czech Republic
- 🇩🇰Denmark
- 🇪🇪Estonia
- 🇫🇴Faroe Islands
- 🇫🇮Finland
- 🇫🇷France
- 🇩🇪Germany
- 🇬🇷Greece
- 🇭🇺Hungary
- 🇮🇸Island
- 🇮🇪Ireland
- 🇮🇹Italy
- 🇽🇰Kosovo
- 🇱🇻Latvia
- 🇱🇮Liechtenstein
- 🇱🇹Lithuania
- 🇱🇺Luxembourg
- 🇲🇰North Macedonia
- 🇲🇹Malta
- 🇲🇩Moldova
- 🇲🇨Monaco
- 🇲🇪Montenegro
- 🇳🇱Netherlands
- 🇳🇴Norway
- 🇵🇱Poland
- 🇵🇹Portugal
- 🇷🇴Romania
- 🇷🇺Russia
- 🇷🇸Serbia
- 🇸🇰Slovakia
- 🇸🇮Slovenia
- 🇪🇸Spain
- 🇸🇪Sweden
- 🇨🇭Switzerland
- 🇺🇦Ukraine
- 🇦🇩Andorra
What is Nationwide Housing Prices Year-over-Year (YoY)?
Nationwide Housing Prices YoY (Year-over-Year) metric stands as a paramount indicator within the domain of macroeconomic analysis, offering an encompassing view of the real estate market dynamics, economic health, and overall financial conditions prevailing across a nation. At Eulerpool, we meticulously collate and present this critical data to provide comprehensive insights integral for economists, financial analysts, policy-makers, and investors. The assessment of nationwide housing prices on a YoY basis provides a comparative analysis of the housing market’s performance between two corresponding timeframes, typically spaced by a year. This comparison aids in delineating trends, understanding market cycles, and foreseeing potential future movements within the housing sector. An upward trajectory in nationwide housing prices YoY signifies an increase in the value of real estate assets, which may reflect robust economic growth, increased consumer confidence, and greater disposable income. Such an upward trend could also indicate a surge in demand for housing, possibly fueled by demographic shifts, urbanization trends, or favorable government policies such as tax incentives for homebuyers or subsidies for mortgage interest rates. On the flip side, while rising housing prices can be a boon for property investors and existing homeowners, they could spell affordability challenges for potential homebuyers, particularly first-time entrants into the housing market. Conversely, a downward trend in the YoY comparison of nationwide housing prices can imply a deceleration in economic activity, potentially pointing towards economic headwinds, reduced consumer spending capacity, or a supply glut in the real estate market. Falling housing prices may deter investment in the housing sector, impacting construction activity and related industries such as home decor, furniture, and household appliances. Moreover, declining property values can adversely affect household wealth and consumption patterns, as homes often represent a significant portion of an individual’s or a family's net worth. Notably, the analysis of housing prices YoY incorporates multiple influencing factors including, but not limited to, interest rate fluctuations, inflationary trends, employment rates, wage growth, and broader economic conditions. Central banks' monetary policies play a pivotal role in shaping housing markets. For instance, lower interest rates typically reduce the cost of borrowing, encouraging mortgage lending and home purchases, thereby potentially driving prices upward. Conversely, higher interest rates can curb borrowing and reduce demand, exerting downward pressure on housing prices. Inflation, another critical component, impacts housing prices through cost-push and demand-pull effects. In periods of high inflation, the cost of building materials and labor tends to rise, thereby increasing the cost of new constructions, which may translate into higher housing prices. Simultaneously, inflation erodes purchasing power, which could temper the demand for home purchases if wage growth does not keep pace. Employment rates and wage growth are direct determinants of housing affordability and demand. Higher employment rates and wage increases generally enhance consumers' capacities to invest in property, driving demand and potentially elevating housing prices. Conversely, high unemployment rates or stagnant wages may slump housing demand, placing downward pressure on housing prices YoY. Additionally, broader economic conditions, including GDP growth, market liquidity, and fiscal policies, profoundly influence housing markets. Strong economic growth generally correlates with higher housing prices due to increased economic activity and improved market sentiment. Fiscal policies, such as government spending on infrastructure or social housing projects, can also directly or indirectly affect housing market dynamics. The analysis at Eulerpool integrates nationwide data to offer a macroscopic view alongside regional and local market insights. This comprehensive approach allows stakeholders to gauge both overarching trends and localized variances in housing prices. Regional disparities might emerge due to factors such as differential economic performance across regions, varying demographic trends, and region-specific policies or incentives. Major metropolitan areas often exhibit distinct trends compared to rural regions due to diversified economic bases, population density, and availability of amenities and employment opportunities. Our Nationwide Housing Prices YoY metric is an indispensable tool for diverse stakeholders. For policy makers, understanding these trends informs decision-making regarding housing policies, urban planning, and economic interventions aimed at ensuring market stability and addressing housing affordability issues. Financial analysts and investors utilize this data to steer investment strategies, as fluctuations in housing prices can impact real estate investments, REITs, and related financial instruments. Economists leverage this indicator to predict economic cycles, consumer behavior, and overall economic health. For the broader public, awareness of these trends aids in making informed decisions regarding property purchases, sales, and investments. At Eulerpool, we are committed to delivering high-quality macroeconomic data and insights. Our Nationwide Housing Prices YoY analysis is rigorously compiled, drawing from reliable data sources, subjected to stringent methodological scrutiny, and presented in a user-friendly format to facilitate accessibility and interpretability. This dedication ensures that our users are equipped with accurate, timely, and actionable information to navigate the complexities of the housing market and broader economic landscape. As the housing market continues to evolve with shifting economic paradigms, demographic changes, and policy directions, Eulerpool's Nationwide Housing Prices YoY metric remains a crucial barometer for understanding these dynamics. Whether you are a policymaker, financial analyst, economist, or investor, our comprehensive data and insights empower you to make informed decisions, navigate market uncertainties, and capitalize on emerging opportunities within the housing sector. Thus, our platform stands as a beacon of reliable economic intelligence, fostering informed decision-making in an ever-changing economic environment.