The Property Price Index (YoY) measures the annual percentage change in the selling price of residential properties. This indicator is a critical gauge of the housing market's health and serves as a proxy for consumer wealth and future spending capacity. Rising property prices often correlate with increased consumer confidence and inflationary pressures, while falling prices can signal economic stagnation or a credit crunch. It is closely monitored by central banks to assess financial stability and potential risks in the mortgage sector.
The index is typically calculated using a weighted average of residential property prices, often employing hedonic regression to adjust for changes in property characteristics and quality over time.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 7, 2026 | 0.69 | 0.80 | -0.11 |
| May 8, 2026 | 0.62 | 0.50 | +0.12 |
| Feb 6, 2026 | 0.83 | 1.00 | -0.17 |
| Nov 7, 2025 | 0.84 | 0.70 | +0.14 |
| Aug 6, 2025 | 0.90 | — | — |
| May 7, 2025 | 1.07 | 1.60 | -0.53 |
| Feb 14, 2025 | 1.39 | 1.50 | -0.11 |
| Nov 26, 2024 | 1.46 | 1.80 | -0.34 |
| Aug 19, 2024 | 1.76 | 1.70 | +0.06 |
| May 16, 2024 | 1.89 | 1.60 | +0.29 |
| Feb 19, 2024 | 1.74 | 2.00 | -0.26 |
| Nov 16, 2023 | 1.96 | 2.40 | -0.44 |
| Aug 21, 2023 | 1.92 | 2.50 | -0.58 |
| May 17, 2023 | 1.79 | 2.20 | -0.41 |
| Feb 20, 2023 | 2.00 | 218.00 | -216.00 |
| Nov 14, 2022 | 1.94 | — | — |
| Aug 16, 2022 | 1.72 | — | — |
| May 18, 2022 | 1.77 | — | — |
| Feb 16, 2022 | 1.47 | 1.35 | +0.12 |
| Nov 12, 2021 | 1.41 | 1.50 | -0.09 |
