【Financial Times】FT data analysis: UK housing under pressure

Close to half of the UK housing market has never fully recovered from the 2008 financial crash, according to FT analysis, and is now slowing or falling again in many parts of the country amid sluggish economic growth and concerns over Brexit. 

The FT has found that average prices in 158 out of 348 local authorities never rebounded to the peaks achieved before the 2008 crisis. Most of these areas are outside London, the east and south east.

Data supplied by Savills shows that since 1952 the market has been through about four property cycles — a rise in house prices followed by a steep drop. During these cycles, it has normally taken a little over nine years for inflation-adjusted prices to return to a new peak. 

watch more