5 (7) Fact Friday 22 March 2024

Land Registry releases ONS Local House Prices tool: https://www.ons.gov.uk/economy/inflationandpriceindices/articles/housingpricesinyourarea/2024-03-20 

Bank of England leaves base rate unchanged at 5.25% https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate 

Rightmove March House Price Index misleads again: https://www.rightmove.co.uk/news/content/uploads/2024/03/Rightmove-HPI-18th-March-Final.pdf  

ONS published meaningless national average house prices for January https://www.gov.uk/government/statistics/uk-house-price-index-for-january-2024/uk-house-price-index-summary-january-2024 

UK CPIH inflation down to 3.8% https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/february2024 

BONUS FACT: Supply of homes for Sale year to date are highest for at least 8 years: https://twitter.com/moving_charlie/status/1771100811797389525/photo/1 

BONUS FACT 2: ONS Feb Retail figures to show 0.0% growth down from Jan 3.6% : https://www.ons.gov.uk/businessindustryandtrade/retailindustry/bulletins/retailsales/february2024 

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