Covid-19 has taken an unprecedented toll on many things in the last few months, no less the different sources of data which commentators rely on to report on trends across the property market. This period will make it more challenging for many to report on accurate trends across the sector.
The housing market – including prices, mortgage approvals and rental prices – are viewed as symbolic of wider economic trends, such as in investor and consumer confidence. House and rental price growth, or lack thereof, is seen by economists, media commentators, and the public as a fundamental economic indicator, and these metrics always get a lot of air time.