Save The UK House Price Index

The House Price Index (HPI) measures inflation in the residential property market. The HPI captures price changes of all kinds of residential property purchased by households (flats, detached houses, terraced houses, etc.), both new and existing. Only market prices are considered, self-build dwellings are therefore excluded. The land component of the residential property is included.

HPI is available for all EU Member States (except Greece), the United Kingdom, Iceland, Norway and Turkey. In addition to the individual country series Eurostat produces indices for the euro area and for the EU.

The UK, the fifth largest economy in the world, has a mature economic and political environment and is an international financial center. The country attracts a lot of foreign talents, including business people, students and immigrant. British house price grow higher because of the low interest rate policy post-European debt crisis.