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August UK housing snapshot: the song remains the same

  • Companies : OnTheMarket plc | Rightmove plc | Purplebricks Group plc


The UK housing market appears to be slowing but at a (thus far) genteel rate as July approvals were essentially flat, just below the long-run average. The sentiment-led Twindig index, +0.6% in August, suggests that the dynamics were ‘as expected’ and the song remains the same. No imminent market crash, although prospects of a slowdown remain very real.

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Sep 5 2022, 07:00 IST/BST