FTHPI is the only UK house price index based upon every residential property transaction in England and Wales and is designed to provide a “true measure of house price inflation”. FTHPI has been chosen by the Chicago Mercantile Exchange, the world's largest derivative exchange, for their proposed residential house price derivative which we expect will be launched once the current falls in house prices can be seen nearing an end.

Our unique test as to whether indices provide a “true measure” is explained in our “House Price Indices – Fact or Fiction?” paper.

The series of downloadable documents provided below includes our latest news release and full historic data series. The significant differences which can arise between indices based upon mortgage offers and those based upon final transaction prices are particularly in evidence in the results this year.

A history of our index is provided in "Why an FTHPI?".

FTHPI was launched in September 2003 and is published in the Weekend Financial Times on the second Saturday of every month and on both FT.com and our website on the prior Friday.

DECEMBER KEY FTHPI STATISTICS   Index 218.2 Average House Price £214,283 Monthly Change 0.8% Annual Change 4.2%   MAIN POINTS House prices in December rose by 0.8% The average price of all residential property transactions completed in England & Wales in December 2009 was 0.8% higher than in November. This is the eighth month in succession in which FTHPI has increased, although the rate is slowing. Prices end the year 4.2% higher On an annual basis, in December, the average price of all residential property transactions in England & Wales was 4.2% higher than a year ago - a significant market recovery. It was the second consecutive month in which the annual rate of change in house prices was positive. November housing transactions lower than previous month In November 2009, the number of houses sold in England and Wales will total approximately 58,000. This is a reduction of almost 40% on the 10 year average for the month of c.95,000.

AVAILABLE HERE

FTHPI December 09 published 8th January 10 here and accompanying:

Index Table Regional Historic Series with Interactive Charts National Historic Series Region, County and London Borough Series with Interactive Charts FTHPI Development of Forecasts Comparison of Indices with Interactive Charts Effect of London Quarterly Comparison of Indices with Lagging

FTHPI - Archive here.

Financial Times - recent articles here and Interactive House Price Map here.

Comparison of house price growth over the past 10 years here.