UK Housing Market Report: Economic Indicators as of April 2025
We watch the UK housing market with care. We use the new economic numbers to see the state of the sector. A report from the House of Commons Library, published on 16 April 2025, shows house prices, loan approvals, and building work. These facts help current buyers and those who think of buying HMOs.
House Price Trends
House prices change fast. UK House Price Index data shows prices rose by 5.4% from February 2024 to February 2025. Average prices moved up by 0.5% from January to February 2025. This movement tells us the market shows some steadiness.
The market is not even. In Northern Ireland, the North West, and the North East, prices grow faster. In London, the South West, and Wales, the increase is slow. Investors of HMOs must note these region-specific gaps.
Source: UK House Price Index
Mortgage Approvals: A Key Indicator
Loan approvals lead to house deals and show market health. In February 2025, mortgage approvals grew by 8% compared to the same month last year. They fell by 1% when compared to January 2025. In total, 65,481 approvals came in for February 2025. Many buyers ask for loans. This fact shows that buyers are positive about the property market. For HMO investors, this sign can be a mark of good chances.
Source: Bank of England Data
Housing Starts and Completions
Building new homes saw hard times during Covid-19. Yet, new work returns slowly. In the fourth quarter of 2024 in England, 36,830 homes were finished. This is 2% more than in the third quarter of 2024, but 9% less than one year before. New starts climbed to 30,860. That number is 7% more than in the earlier quarter and 52% more than one year before. In the second quarter of 2023, builders worked faster to meet new rules on energy performance. These changes in new building work give hints about future market ways, especially for HMO investors.
Source: Ministry of Housing, Communities and Local Government
Future Updates
We update housing market numbers on a set plan. Look for these coming updates:
- UK House Price Index on 21 May 2025
- Money and Credit numbers from the Bank of England on 1 May 2025
- House-Building updates from the ministry in June 2025
Conclusion
The latest figures show a mixed but mostly upbeat view for UK housing. House prices rise; loan approvals grow; and building work is picking up. Homeowners and investors in HMOs find the market inviting. Investors must keep a close watch on the details and regional shifts for the best plans.
For more details, visit these sources:
- UK House Price Index
- Bank of England Money and Credit
- Ministry of Housing, Communities and Local Government
Staying current with these numbers helps guide smart moves in the changing scene of UK housing.
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.
