+3.0 on previous index reading
At 119.1 in April 2022, the Housing Pulse was up 3.0 on last month and 11.2 on a year ago. Households raised their expectations for future house price gains this month, with expectations for rent increases also ticking up. Savings accumulated during the pandemic and new ways of working mean home improvements are on the agenda for some, with the April survey finding that 28% are likely to undertake renovations over the coming year. This is a little lower than recent readings though, possibly reflecting value for money concerns as well as capacity constraints in the construction sector.