+7.8 on previous index reading
The Housing Pulse gained further ground in August 2020, coming in at 58.2. This was up 7.8 on last month’s reading – bucking the broader trend – but was down 23.8 on a year ago. The share of households expecting house prices to rise over the coming year ticked up to three in ten this month (from a quarter in July), while the share anticipating a fall edged lower (to 32% from 37%), leaving the balance of positive and negative responses only marginally in the red. On the rental front, expectations stayed in positive territory in August.