Housing Market update for the East of England

This newsletter aims to give the latest news regarding housing market in the East of England.

Each newsletter will include: 

  • A set of headline market indicators that provide some insight into the state of the market.
  • Articles and features that focus on specific geographic areas or local housing markets.
  • Analysis on a particular theme or aspect of housing.

The Impact of Current Market Conditions on Housing Issues

In summer 2009 EERA surveyed all housing authorities in the region to assess the impact of market conditions on a range of housing services including homelessnes, intermediate tenure and development. The questions were primarily seeking information on the first quarter of 2009-10 compared to the same period in 2008-09 and were designed to enable the region to:

  • Gauge whether government support packages are helping
  • Identify blockages to effective intervention
  • Identify innovative solutions

The aim is to achieve a balance between ease of completion (i.e. structuring questions around existing data sets) and gathering information, perhaps anecdotal in nature, on issues that will help to identify new and emerging trends for which data may be less readily available.

The data can be, and has been, used in a number of different ways:

  • To inform briefings on the “state of the region”, for example at the Regional Economic Forum or in response to parliamentary questions.
  • To complement published data by providing local intelligence
  • To provide evidence to support regional bids for a greater share of central bidding pots.
  • To facilitate the sharing of good practice between local authorities and sub-regions

The next iteration of the questionnaire will be issued in mid November 2009 and seek information on the second quarter of 2009-10. It will focus on those questions that enable trends to be established, e.g. Mortgage Rescue, Money Advice, Starts on Site, Stalled Sites.