UK HBOS House Price Index
The UK HBOS House Price Index is a measure of the average price of residential properties in the United Kingdom. It is compiled by Halifax Bank of Scotland (HBOS) and is based on the prices of properties that have been sold in the UK over a given period of time. The index is used to track the performance of the UK housing market and is an important indicator of the health of the economy.
History of the UK HBOS House Price Index
The UK HBOS House Price Index was first published in 1983 and has been updated on a monthly basis since then. The index is based on the prices of properties that have been sold in the UK over a given period of time. The index is used to track the performance of the UK housing market and is an important indicator of the health of the economy. The index is widely used by economists, investors, and policy makers to gauge the health of the UK housing market.
Comparison of UK House Prices
| Year | Average House Price |
|---|---|
| 2020 | £231,845 |
| 2019 | £225,621 |
| 2018 | £219,939 |
| 2017 | £214,908 |
| 2016 | £208,964 |
Summary
The UK HBOS House Price Index is an important indicator of the health of the UK economy. It is based on the prices of properties that have been sold in the UK over a given period of time. The index is widely used by economists, investors, and policy makers to gauge the health of the UK housing market. For more information about the UK HBOS House Price Index, you can visit the Halifax website.
See Also
- UK Consumer Price Index
- UK Retail Price Index
- UK GDP
- UK Interest Rates
- UK Inflation Rate
- UK Unemployment Rate
- UK Balance of Payments
- UK Money Supply
- UK Exchange Rate
- UK Stock Market
