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United Kingdom Housing Market (RPI minus inflation)

1608
Real UK residential property retail price index (RPI), e.g. UK housing index minus inflation.

Market in a down channel and at resistance, supported by 200 month moving average.

The CPI I used here is updated annually so only gives a rough idea. In fact inflation has been climbing in the UK since last year. According to ONS, the consumer price index has increased by almost 2%.
Note
UK GDP compared to housing index. Real values calculated using CPIH
snapshot

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