The other house price divide: new vs. existing house prices

The recent outperformance by new-build house prices reflects two factors. First, the increasing use of sales incentives by housebuilders, and second, catch-up growth following a period of underperformance during the housing crash. As the former are price cuts by another name, and the latter has now overshot, the strong growth of new house prices may not be sustained for much longer.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.