Chart Spotlight
Our research team focus on a key statistic for the week
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21st February 2018
What does a statistician do on a day off? He goes to Rightmove, and makes himself ill by looking up the prices of his first London flat, in dear old Bow E3.
Because statisticians never take the day off, not really, I plotted the sales price for the property against time, which I’ve measured as the number of days from 26 November 1997, when the property was first built and sold.
The red dots show the price recorded at the Land Registry for each sale. We can see the flat has been sold five... Read More >
Recent Articles:
10th November 2017
Those of us that track the fortunes of UK house prices know very well that the music stopped in Prime Central London in the summer of 2014. A raft of legislation that included changes to CGT for overseas investment and increases in SDLT initially Read More >
30th June 2017
Many of you will be aware that the Prime Central London residential property market has been falling since June 2014. I know this better than most because I compile a quarterly index that measures the performance of both Prime Central London Read More >
22nd June 2017
The chart suggests that the housing market boom since 2013 has not been the result of the low interest rates; instead, real income growth might be a key driver.
Our analysis leads us to conclude that real interest rates don't seem to influence Read More >
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