Do interest rates drive the housing market?
Earlier this month I was interviewed by Iain McKenzie the CEO of the Guild of Property Professionals. We discussed the housing market and the interaction between interest rates and the housing market.
The link between Bank Rate (the main interest rate set by the Bank of England, which impacts all other UK interest rates) and the housing market is not as clear-cut as one may think.
We also discuss what our currently inflationary environment means for house prices, and
Is now a good or bad time to be buying and selling a home.
During the podcast I reference the housing market predictions I made at the start of the year (what kind of fool makes predictions like that..?) and you can read my full article on our housing market forecasts here. I might live to regret saying this, but currently, as we get close to the half way point I am happy to stand by them as published in January
You can listen on spotify
or on Apple podcasts
I mention a few charts in the podcast and you can see these charts below:
The charts mentioned in the podcast
The correlation one
The house prices tend to go up one
The House prices and Inflation one
I hope you enjoyed the podcast