The forecast for household expenditure on imputed rentals for housing in the UK, expressed as a percentage of GDP, shows a slow but steady decline from 2024 to 2028. Starting from 9.3% in 2024 and 2025, it decreases to 9.2% in 2026, 9.1% in 2027, and finally 9.0% in 2028. The year-on-year variation indicates a modest decline which aligns with economic expectations of stabilization in the housing market.
Future trends to watch include potential changes in economic conditions and government policies impacting housing affordability and supply. Factors like inflation, interest rates, and demographic shifts may influence these expenditures.
