Research and analysis

Analysis of the determinants of house price changes

Analysis intended to illustrate the individual relationships between some important housing market determinants and house prices.

Documents

Analysis of the determinants of house price changes

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Details

The Ministry of Housing, Communities and Local Government has conducted a short piece of analysis intended to illustrate the individual relationships between some important housing market determinants and house prices.

The analysis uses relationships estimated from the affordability model described in the 2007 and 2008 reports by the National Housing and Planning Advice Unit. Given the complexity of the housing market, this analysis is not intended to be exhaustive in its explanatory power and throughout this release references are made to limitations.

Other studies are available that analyse this relationship.

Published 13 April 2018