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Just over half way through the year and with a new Prime Minister at the helm, it feels like a good moment to assess the economic outlook and how much the prospects have changed since the start of the year. The most notable changes, of course, come from the shift
England’s 7.5 million over-65 households are overwhelmingly settled where they are – 58% are now under-occupying their home, up from 53% a decade ago, equivalent to 4.3 million homes with spare bedrooms going unused. The reasons are mostly contentment rather than constraint. The English Housing Survey found 76% say their
Two-thirds of 16-34 year-olds, 69%, still expect to buy a home eventually, according to the latest English Housing Survey. That’s unchanged from a decade ago, when the same proportion (69%) said the same thing in 2014-15. And progress is real: 42% of 16-34s are now owner occupiers, up from 31%
Manchester (4.9%) and London (4.6%) both saw rental growth pick up on a year ago, defying the wider slowdown. Amongst other key cities, annual rent inflation has fallen towards zero or even below. Birmingham rents have changed from +7.5% to -1.7% on the latest data versus a year ago –
