Approvals for house purchase decreased to 56,100 in July 2026, below June's 58,200, in the Bank's Money and Credit release of 1 September 2026 (Bank of England, 1 Sep 2026; Bank of England series LPMVTVX, 56,053).
The market resolves on the seasonally adjusted number of approvals for house purchase for July 2026 as first published in the Bank of England's Money and Credit release at 9:30am on 1 September 2026 (series LPMVTVX); YES if above 58,200, the first-published June figure. Revisions to June do not change the comparison. If that source has not published in time, BBC News and Reuters reports of the release settle it.
We found six sharp falls followed by a rise since 1993. We looked at the Bank of England's monthly approvals figures since April 1993 for every month when approvals fell by 10 per cent or more and then rose the next month, as in May and June 2026. Then we checked whether the month after the rise was higher again. May and June 2026 are the case we are testing, so they are not counted.