+17.5 on previous index reading
At 50.4 in July 2020, the Housing Pulse was up 17.5 on last month but down 42.1 on a year ago. Households in all regions upgraded their expectations for future house price gains this month, though the balance of positive and negative responses remained in the red. The survey also finds that 31% are likely to spend a large sum of money on home improvements or renovations over the coming year. This was somewhat higher than normal, possibly because of some re-purposing of holiday savings in light of the COVID-19 related restrictions around foreign travel and reflecting the need for better home working set ups.
