Housing Market Update: Key Economic Indicators from the House of Commons Library

The UK housing market draws attention. Investors watch it and homeowners check it, especially when it comes to HMOs. A report from the House of Commons Library appeared on April 16, 2025. This report shows key numbers. It links house prices, mortgage counts, and building work.

House Prices on the Rise

The UK House Price Index shows house prices rising by 5.4% from February 2024 to February 2025. On a seasonal note, the average price goes up 0.5% from January to February 2025. Prices differ by region. Northern Ireland grows the most. London, the South West, and Wales show the smallest shifts. Investors may note these numbers as they compare regions.

Investors use these numbers to check where to act. More details stay available on the UK House Price Index.

Mortgage Approvals: A Mixed Bag

Mortgage approvals stand as signals. In February 2025, approvals reach 65,481. This count grows 8% compared with last year but drops by 1% from January 2025. Buyers and investors see hope in these numbers. Small shifts may not hide a long-term trend.

Investors eye mortgage numbers as they scan the HMO market. The Bank of England posts updates here.

Housing Supply: Starts and Completions

The building sector shows slow growth after COVID-19. In the last quarter of 2024, builders finish 36,830 houses in England. This finish climbs by 2% versus the last quarter, yet dips by 9% compared with the same quarter a year before. Builders start 30,860 new houses. This start counts 7% more than in Q3 2024 and 52% more than in Q4 2023. Builders speed up work to beat new rules on energy use and electric vehicle wiring, which emerged in mid-2023. Those who plan for HMOs check these new house numbers. New supply helps investors see which properties might change use. The Ministry of Housing, Communities and Local Government tracks these flow and posts reports here.

Conclusion

The UK housing market shows both problems and chance for investors, even in HMOs. House prices rise and mortgage numbers stay steady. Fewer completed houses remind us to track changing rules and current stats.

Investors who watch these numbers closely make wiser choices. The House of Commons Library, the Bank of England, and the Ministry of Housing, Communities and Local Government keep these links clear.

Resources and Further Reading

• UK House Price Index – February 2025
• Bank of England – Money and Credit
• MHCLG – House Building in England

In short, keeping track of the numbers and shifts in the market helps anyone keen on HMOs. Watching these trends makes it easier to choose well when buying or investing in property.

Disclaimer: This article has been generated by AI based on the latest news from Google News sources. While we strive for accuracy, we recommend verifying key details from official reports.