The sentiment index of real estate market the latest data

Most of the owners of Property in the UK believes that the price of their property this year will grow at the fastest pace in the last five years. The so-called “sentiment index” – house price sentiment index – HPSI – from companies Knight Frank and Markit Economics, was published in the February poll.

In addition, most of the interviewed property owners in the UK stated that their property values will grow at the fastest pace and the next 12 months. Eleven consecutive months, the owners of apartments and houses in the UK have a positive attitude, expecting rising prices for their property. And if Londoners are the most optimistic about prices for their housing, in other regions of the UK mood just starting to improve.

Mortgage borrowers feel the greatest confidence that real estate prices in the UK will grow in the coming year. Among mortgage borrowers of 82.1% sure about the prices. Among the owners of private real estate optimism a little lower – 77,4 % and the most modest level of optimism is observed among those who rent their own accommodation.

More all sure to increase the price of the older generation of British – for example, among people aged over 55 years, these people 79,8%. Behind them, followed by the age group from 35 to 44 years 44 to 54 years, among which the confidence level is the same – 76 %. Young people aged 18 to 24 expect the most modest rise in prices.

In London, expectations of rising prices for London property fell compared to last year. Last year these expectations were 10 times higher than the national average. And this is not surprising because such a price increase, as in 2013, London has seen since the 2008 crisis. But in the regions prices are ready to reach new heights. The recovery of the property market reflects an increasing confidence across the UK economy, the forecast for the growth of which has been improved recently. Economic confidence is also backed by the assurances of the Bank of England that interest rates will not rise until at least next year.

What other indexes of property prices in the UK are used to indicate the market:

The Index Of The Land Registry

Index LSL Property Services Acadametrics

Index Nationwide

Index Office for National Statistics

Index index

Index Rightmove

Index Halifax

Index Hometrac

® Helen Entree. 25.02.2014 g.