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....The ONS figures record the UK local authority areas seeing the sharpest house prices rises and the biggest falls in the year to the end of January. These show that the average house price in the Shetland Isles rose by 21. ... [Read full article on BBC ]
Tuesday 21st of March 2017 11:23:51 AM
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Latest Finance News related to Average House Price

Contrasting fortunes for island property image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:23:51 AM
....The ONS figures record the UK local authority areas seeing the sharpest house prices rises and the biggest falls in the year to the end of January. These show that the average house price in the Shetland Isles rose by 21. ...
Residential care costs 'can soak up over 50% of property values' image
Source : Guardian [Read Article] Monday 20th of March 2017 07:01:30 AM
.... For many, that will mean selling the family home to pay the fees. For people in north-east England, where the average house price at the end of 2016 was just under £129,000, an average stay of 30 months in a local home costing £554 a week would eat up 56% of the value of their home. ...
House sellers 'should pay stamp duty' image
Source : BBC [Read Article] Thursday 2nd of March 2017 01:38:01 PM
.... . The threshold outside of Scotland had remained the same since then, despite the fact that the average house price had risen by 35%, the Yorkshire said. ...
The Bank of England fears it may not spot the next crisis. Here’s where to look image
.... But there are still concerns that buyers are stretching too far to purchase homes, leaving them vulnerable to the slightest hiccup in their financial calculations. The latest study of home affordability by Lloyds, which measures the ratio between average house prices by city and average gross local earnings, is at its worst level since 2008. ...
REVEALED: Britain's least and most affordable cities for house prices in 2017 image
Source : Daily Express [Read Article] Saturday 25th of February 2017 01:20:00 PM
.... Londonderry in Northern Ireland, followed by Bradford, Belfast, Hereford, Lisburn and Sunderland were also found to be the most affordable cities. Andy Mason, Lloyds Bank Mortgage products director, said: “City living is becoming increasingly expensive with average house prices at least ten times average annual earnings in five of the UK’s cities. ...
Oxford once again tops list of UK's least affordable places to live image
Source : Guardian [Read Article] Saturday 25th of February 2017 08:01:06 AM
....An annual analysis by Lloyds Bank once again pinpointed Oxford as the least affordable city in the UK. The average house price of £385,372 is now 10. ...
South Ribble: the best place to live in the UK – if you’re in your 20s image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 01:25:06 PM
....That’s it? That’s the main reason. The average house price in South Ribble is £157,000 – that’s £138K cheaper than the national average. ...
England's housing market is 'broken', government admits in white paper image
Source : Guardian [Read Article] Tuesday 7th of February 2017 01:32:18 PM
....England’s housing market is broken, the government has admitted, with home ownership a “distant dream” for young families, as it unveiled a white paper promising a fresh wave of home building. The communities secretary, Sajid Javid, told the House of Commons that average house prices had jumped to 7. ...
Mortgage affordability unchanged despite rising house prices, report finds image
Source : Daily Express [Read Article] Friday 3rd of February 2017 12:00:00 AM
....Halifax calculated that new borrowers could expect to spend 30 per cent of their take-home pay on their mortgage in the final quarter of 2016 - unchanged from the percentage a year earlier in the last three months of 2015. The proportion has remained the same despite average house prices having increased by 7 per cent over the past year. ...
UK house price average surges by £4,000 in December image
Source : Guardian [Read Article] Monday 9th of January 2017 11:20:19 AM
....4% in 2016 from £214,934 to £256,636. The eastern outer London borough of Barking and Dagenham experienced the second biggest rise in average house prices with an increase of 18. ...
House prices 2017 image
Source : BBC [Read Article] Monday 2nd of January 2017 11:30:29 PM
....This is surely a sign that London property has been decoupled from the rest of the country for many years. Despite the drop in activity in London, the average house price in the capital is still £474,000, more than double the typical price of £217,000 in the UK as a whole, according to the latest official figures from the Office for National Statistics (ONS). ...
UK house prices to rise marginally in 2017, says Halifax image
Source : Guardian [Read Article] Wednesday 28th of December 2016 12:01:20 AM
....But prices will continue to edge slightly higher, helped by continued low interest rates and subdued housebuilding levels, said Halifax. A rise of 1% to 4%, compared to the 6% gain in 2016, suggests that the average house price in Britain will rise to between £220,000 and £226,000 in 2017, compared to £218,000 today. ...
Former home of PMs and 007s named UK's most expensive street image
Source : Guardian [Read Article] Friday 23rd of December 2016 12:01:01 AM
. A London square whose wealthy residents have included Margaret Thatcher and Sean Connery has been crowned the most expensive in England and Wales with an average house price of nearly £17m. ...
Stamp duty land tax boosts tax receipts image
Source : BBC [Read Article] Wednesday 21st of December 2016 04:36:38 PM
....7bn raised during 2015-16. The increased tax take reflects two big changes to stamp duty in the past two years, as well as the impact of the continued rise in average house prices, which have gone up by 7% in the past year. ...
Autumn statement: why the chancellor mustn’t cut stamp duty image
Source : Guardian [Read Article] Saturday 19th of November 2016 07:00:01 AM
.... What’s more, it contends that the Exchequer has received £370m less in stamp duty than it expected when George Osborne upped the rates. But just how punitive is stamp duty in reality? The average house price in the UK is £218,000, according to the latest Office for National Statistics data. ...
Rents to rise faster than house prices, says Savills image
Source : BBC [Read Article] Friday 4th of November 2016 12:01:31 AM
....The reason was "post-referendum economic uncertainty" and weaker consumer sentiment. Next year Savills forecast that average house prices will not increase at all, with falls of up to 2. ...
No 10 rejects housing minister's call for people to skip generation in their wills image
....In her speech to the party conference on Wednesday, the prime minister described the UK’s housing market as dysfunctional and said the “power of government” was needed to repair it. The average house price in England stands at £232,885, according to Land Registry figures, with the average in London more than double that figure at £484,716. ...
Skip a generation when passing on homes, says housing minister image
Source : Guardian [Read Article] Sunday 9th of October 2016 10:31:31 PM
....In her speech to the party conference on Wednesday, the prime minister, Theresa May, described the UK’s housing market as “dysfunctional” and said the “power of government” was needed to repair it. The average house price in England stands at £232,885, according to Land Registry figures, with the average in London more than double that figure at £484,716. ...
House prices reach 10 times earnings in a third of England and Wales image
Source : Guardian [Read Article] Friday 7th of October 2016 03:27:12 PM
.... Both Camden and Hammersmith & Fulham had median prices that were 21 times earnings, at £699,950 and £730,000 respectively. The ONS said its figures showed that Westminster was “more affordable in 2015 than in 2014”, as between those years the average house price increased by 0. ...
REVEALED: The commuter towns that could save home buyers almost £500,000 image
Source : Daily Express [Read Article] Tuesday 27th of September 2016 04:24:00 PM
. Wellingborough, Southend, Sittingbourne and Rugby are around 60 minutes from the capital and have an average house price of £294,903, more than half the typical price of £741,919 for a property in central London, Lloyds Bank found. ...
Struggling to get on the housing ladder? Why not buy with friends image
Source : Guardian [Read Article] Monday 26th of September 2016 05:59:22 AM
....3% in July – bringing the average property value to £216,750 – this additional buying power can make a big difference. Separate new figures from the Council of Mortgage Lenders put the average house price for a first-time buyer house at £156,500. ...
Prime London property prices to fall 9% this year, says Savills image
Source : Guardian [Read Article] Wednesday 21st of September 2016 10:29:25 AM
....Savills said a return to growth in 2019 was forecast, and that it was anticipating total price growth of 21% in the five years from 2017 to 2021. In the lower-value outer London markets, where the average house price is £2m, total price falls of 5% are forecast for this year, which would more than wipe out the 2. ...
Move over London … UK's hottest property spot is Outer Hebrides image
Source : Guardian [Read Article] Tuesday 13th of September 2016 01:04:10 PM
....The worst-performing area was also in Scotland. In the city of Aberdeen, the average house price fell by almost 7% in the year to 31 July. ...
UK house price inflation falls to 8.3% in July, says ONS image
Source : BBC [Read Article] Tuesday 13th of September 2016 08:52:35 AM
....The figures - from the Office for National Statistics - are for the first full month after the Brexit vote. They show that he average house price across the UK in July rose to £217,000. ...
New Zealand tops global list for house price rises image
Source : BBC [Read Article] Wednesday 7th of September 2016 06:28:13 AM
....While New Zealand comes in second after Turkey, it tops the list once the impact of inflation is stripped out. The average house price in Auckland hit NZ$1m (£554,000, $743,000) for the first time last month. ...
New Zealand tops world house price increase image
Source : Guardian [Read Article] Tuesday 6th of September 2016 05:51:47 PM
.... Hong Kong and Singapore have also seen significant reductions in house prices. Auckland is at the centre of an extraordinary property boom, with separate data revealing that the city’s average house price last month hit NZ$1m (£550,000) for the first time. ...
House prices near top state schools cost at least £53,000 more  image
Source : Daily Express [Read Article] Monday 5th of September 2016 04:04:00 PM
. Property near the schools are typically £53,426 more expensive than the average house price in the county, found Lloyds Bank. ...
The Guardian view on housing policy: a rethink is needed | Editorial image
Source : Guardian [Read Article] Thursday 11th of August 2016 06:41:58 PM
.... It is at its lowest level since the early 2000s. The number of new homes started was less than 150,000 last year, the average house price has risen 60% in 13 years, while pay for many people has risen at only a fraction of that rate. ...
UK house prices fall 1% after Brexit vote, says Halifax image
Source : Guardian [Read Article] Friday 5th of August 2016 08:30:59 AM
....House prices fell 1% last month following the vote to leave the EU, a survey by Halifax, Britain’s biggest mortgage lender, shows. The month-on-month fall took the average house price to £214,678. ...

Living near Waitrose could add £38,666 to your house price, survey says
 image
....Even living near discount chains Aldi and Lidl could also help to boost the value of a property, with a rise of £1,333 and £3,926 respectively. The figures were compiled by Lloyds Bank, which compared average house prices in English and Welsh postal districts with a supermarket with typical property values in the towns around it. ...
House prices in pockets of Britain falling amid growing market uncertainty image
Source : Daily Express [Read Article] Tuesday 14th of June 2016 05:42:00 PM
.... Overall prices across Britain edged up by 0. 6 per cent to take the average house price in Britain to £209,054. ...
New official house price index reveals falls in oil industry areas image
Source : Guardian [Read Article] Tuesday 14th of June 2016 10:09:50 AM
.... The index reveals the local authority areas that have seen the biggest price increases and falls – and the “bottom five” includes three locations whose fortunes are closely linked to the North Sea oil industry. These are the city of Aberdeen, where the average house price fell by 10. ...
House prices measured: what the different indices show image
Source : Guardian [Read Article] Tuesday 14th of June 2016 06:00:02 AM
....Halifax started publishing data in January 1983, but the index in its current form began in April 1984. Current UK average house price: £213,472. ...
Right to buy plans floated by Corbyn backed by centre-right thinktank image
....Radical plans floated by Jeremy Corbyn to extend the right to buy to tenants of private landlords have won the backing of a major centre-right thinktank as a way to address the affordability crisis facing young, aspiring homeowners. In a report to be published on Monday, the pro-market organisation Civitas also argues that the Bank of England should be placed under a statutory duty to keep the ratio of average house prices to average earnings within a defined range, in order to help control demand and limit price rises. ...
UK house prices inch up 0.6% in May image
Source : Guardian [Read Article] Tuesday 7th of June 2016 10:19:44 AM
....6% in May, largely cancelling out a fall the previous month and adding £1,200 to the value of a typical home, according to the Halifax. At £213,472, however, the average house price is less than £1,000 higher than it was in January, and the mortgage lender predicts a slowdown in price growth as the year progresses. ...
'We're being slowly suffocated': UK readers on the problem of second homes image
....I grew up in an area now dominated by second homes, went to university, came back to work in a well paid profession and want to give back to my community, yet I cannot afford to buy a house for me and my young family. In the North Devon district the average house price is 11. ...
Co-op hopes to leave the past behind with revival of its classic 60s look image
. The Co-operative Group is going back to the future, and its chosen destination is 1968, when Mrs Robinson was in the charts and the average house price in Britain was £4,000. ...
Mind the gap: former service road in west London sold for £400,000 image
Source : Guardian [Read Article] Thursday 12th of May 2016 03:24:03 PM
....8m. The average house price in the borough, according to the Land Registry, is more than £830,000. ...
House prices fall as stamp duty changes cool buy-to-let market image
Source : Guardian [Read Article] Monday 9th of May 2016 11:10:50 AM
Commuters save £3,000 on property each minute further out of London image
Source : Guardian [Read Article] Sunday 3rd of April 2016 03:38:21 PM
....Chick said families making the move had to weigh up journey times, house prices, quality of life and the high cost of commuting in and out of London, but she said savings on house prices usually outweighed the increased travel costs. It costs almost £10,000 a year to commute along the 83-minute journey from Newark Northgate, the survey’s most northerly location, to London’s King’s Cross, but the average house price around the Nottinghamshire town is just £147,000. ...
Average UK house price tops £200,000 for first time image
Source : Guardian [Read Article] Friday 1st of April 2016 08:33:37 AM
....8% month-on-month in March across the UK, taking the typical price of a home to £200,251, the financial services company said. However, within the figures, the price gap between the average house price in the south of England and that in the north has widened to nearly £163,000. ...
Source : Reuters [Read Article] Wednesday 30th of March 2016 12:20:55 PM
....The index, which will be introduced in June and replace the existing ONS and Land Registry series, also suggests house prices rose more quickly than stated in widely used surveys from mortgage lenders Halifax and Nationwide. According to the new index, the average house price in December 2011 in England and Wales was 185,000 pounds ($266,000), compared with 157,000 pounds on Land Registry data and 222,000 pounds for England alone on the existing ONS series. ...
Source : Reuters [Read Article] Wednesday 30th of March 2016 12:20:55 PM
....The index, which will be introduced in June and replace the existing ONS and Land Registry series, also suggests house prices rose more quickly than stated in widely used surveys from mortgage lenders Halifax and Nationwide. According to the new index, the average house price in December 2011 in England and Wales was 185,000 pounds, compared with 157,000 pounds on Land Registry data and 222,000 pounds for England alone on the existing ONS series. ...
Home extension or loft conversion 'can add 20% to house value' image
Source : Guardian [Read Article] Sunday 27th of March 2016 04:12:24 PM
....Extending your home or adding a loft conversion can add more than £42,000 to the value of an average property, while an extra bathroom could boost its worth by nearly £10,000, a report has found. Based on average house prices, Nationwide Building Society calculated that an extra bathroom could add 4. ...
City news: Housing affordability and Tier 2 visa charges for businesses  image
Source : Daily Express [Read Article] Saturday 26th of March 2016 12:01:00 AM
. Lloyds Bank’s affordability ratio compares average house prices with gross local earnings. ...
Average price for flat rose £1,000 a month since financial crash image
Source : Guardian [Read Article] Friday 25th of March 2016 12:01:02 AM
.... It was followed by Westminster, where the figure was 42%. Online estate agency Housesimple said there were now only nine London boroughs where it was possible to buy a home for less than the average house price of £191,812, reported by the Land Registry for England and Wales. ...
The inspector calls – and house prices jump  image
Source : Telegraph [Read Article] Monday 21st of March 2016 03:53:39 PM
.... . The average house price in England and Wales has passed £300,000, according new figures from Rightmove. ...
Source : Reuters [Read Article] Monday 21st of March 2016 07:19:17 AM
....Jefferies analysts said Berkeley shares were "not the appropriate financial instrument to short in order to play the theme of alleged oversupply of high-value homes in the Nine Elms and Battersea area", referring to a part of London which some commentators have said is emblematic of the capital's property boom. According to Nationwide, London was the strongest performing region for the fifth year running in 2015, with average house prices up 12 percent year-on-year and 50 percent above their pre-crisis peak in 2007. ...
Majority fears future generations 'will never be able to buy a home' image
Source : Guardian [Read Article] Monday 21st of March 2016 12:01:53 AM
....Shelter said the findings were “alarming” and warned the country was at the “mercy of the housing crisis”, which has left millions facing a “lifetime of instability”. The survey came as the average house price in England passed the £300,000 mark for the first time, increasing from £299,287 in February to £303,190, according to the property website Rightmove. ...
Big Short's version of housing bubble entertains but reality disappoints image
Source : Guardian [Read Article] Sunday 28th of February 2016 04:12:49 PM
....com has pegged the rise in median property values in San Francisco over the last three years at 67%, a surge that can’t be traced to anything but speculation. Even nationwide, some contrarians argue that the affordability crunch that many homebuyers experience – when they discover that renting makes financial sense because the average house price is simply too high – is part of a real bubble. ...
Storm clouds on the horizon for house builders image
Source : Telegraph [Read Article] Sunday 21st of February 2016 12:01:55 AM
.... . Barratt, Bovis, Persimmon and Galliford Try are all due to publish results in the coming days, as the average house price this week hit an all-time record of almost £300,000. ...
New 'death tax' set to cost mourning families of thousands of pounds image
Source : Daily Express [Read Article] Friday 19th of February 2016 04:30:00 PM
....But above this threshold, estates would pay higher fees starting from £300, that would then increase in line with their value. With the average house price now sitting at £288,000, and rapidly rising, many estates could be subject to hefty charges, which fall at the same time as funeral expenses, as well as any inheritance tax that is due. ...
Half a million landlords set to sell amid George Osborne's tax grab  image
Source : Daily Express [Read Article] Friday 5th of February 2016 03:14:00 PM
....8 per cent in the year to January. By 2025, he average house price will have increased by 50 per cent, estimates the Association of Residential Letting Agents (ARLA) and National Association of Estate Agents (NAEA). ...
What SLOWDOWN? House prices hit RECORD HIGH as homeowners earn more from homes than work image
....In fact homeowners would have to be on a £58,000 salary just to match the bumper increase. The average house price now stands at £212,430, Halifax found. ...
House prices: how much does it cost to live near your Tube stop? image
Source : Telegraph [Read Article] Tuesday 2nd of February 2016 02:28:55 PM
.... Just one stop can make a huge difference in property prices: it is just an eight minute Tube ride between Wembley Park and Finchley Road on the Metropolitan line. But the average house price differs by £1m. ...
Reading takes the lead in house price rises image
Source : Guardian [Read Article] Friday 29th of January 2016 11:49:36 AM
....The Land Registry report provided more evidence of a ripple effect in the housing marking, as buyers priced out of central London locations seek more affordable areas within commuting distance, either on the outskirts of the city or surrounding regions. The average house price across London topped £500,00 for the first time. ...
Moving to the country? Britain's liveliest and most idyllic winter villages  image
.... The Lowther Pavilion presents year-round theatre, comedy and quiz nights with Jenny Eclair headlining in March. The average house price is £252,056 according to Savills, but for those with a bigger budget there is a grand four-bedroom home on offer with a £925,000 price tag listed on Rightmove, or a £695,000 property with Lytham Estate Agents. ...
How the name of your street could be adding thousands to the price of your house image
.... . The findings also show that streets containing the word King have a higher than average house price, at £299,572, while the word Queen means an average of £249,295, and Elizabeth spells £291,381. ...
Moving to the country? Britain's liveliest and most idyllic winter villages  image
.... The Lowther Pavilion presents year-round theatre, comedy and quiz nights with Jenny Eclair headlining in March. The average house price is £252,056 according to Savills, but for those with a bigger budget there is a grand four-bedroom home on offer with a £925,000 price tag listed on Rightmove, or a £695,000 property with Lytham Estate Agents. ...
‘Ushers and butlers’ … how fawning politicians welcomed world’s rich image
....Figures compiled by the Observer show a widening gap between house prices in the alpha territory – those London neighbourhoods inhabited by the very affluent such as Knightsbridge and Mayfair – and the rest of the city. In 1995, the average house price in the alpha territory was £126,000, compared with £96,000 in the rest of London (a 31% difference). ...
Twenty years on – the winners and losers of Britain’s property boom image
Source : Guardian [Read Article] Saturday 23rd of January 2016 06:59:05 AM
....It is two decades since the great British property boom began. Since 1996, average house prices have risen by an extraordinary 281% across the UK, while in London the figure is 501%, according to the Nationwide house price index. ...
UK house prices jump by 7.7pc, outstripping wage rises by three times image
Source : Telegraph [Read Article] Tuesday 19th of January 2016 11:45:40 AM
.... . The average house price in the UK now stands at £288,000, according to new figures from the Office of National Statistics. ...
House prices have rocketed 300% in England and Wales since 1995 – analysis image
....House prices in some parts of England and Wales have increased by almost 1,000% over the past two decades, with Oval in south London seeing the biggest price surge in that period, according to research by property firm Savills. Analysis of Land Registry data for second-hand properties shows that across England and Wales the average house price grew by 300% between 1995 and 2015, from £66,110 to £262,847. ...
Is it worth being in a relationship just to buy a house? Find out here image
Source : Telegraph [Read Article] Friday 15th of January 2016 05:00:50 AM
.... . It takes into account the average house price, calculated the income needed for a mortgage with 20pc deposit, and the average income across England and Wales. ...
Revealed: the true cost of buying a house in the commuter belt image
Source : Telegraph [Read Article] Friday 8th of January 2016 11:45:55 AM
....  . The most expensive commuter towns are Gerrards Cross and nearby Beaconsfield, where the average house price is £1,071,534 and the train journey is 26 minutes to Marylebone. ...
Big boost for economy as house prices set to rise 6% image
Source : Daily Express [Read Article] Saturday 2nd of January 2016 12:01:00 AM
....This could mean aspiring first-time buyers who are often looking for properties at the cheaper end of the market, which would also appeal to landlords, may increasingly find themselves competing with investors in the coming weeks. Office for National Statistics figures show that average house prices already hit a record £287,000 in October. ...
UK house price growth up in December image
Source : BBC [Read Article] Wednesday 30th of December 2015 08:15:08 AM
....Across the UK as a whole, prices are around 7% higher, Nationwide added. Scotland was the only part of the UK that saw a fall in average house prices, with values down 1. ...
Newham tops house price performers image
Source : BBC [Read Article] Monday 28th of December 2015 10:09:42 AM
....The London borough of Newham, home to the Olympic Stadium, enjoyed the biggest rise in house prices across the UK in 2015, according to the Halifax. The average house price there rose 22. ...
The £1m home bonanza: 600,000 Brits are property millionaires image
Source : Telegraph [Read Article] Thursday 17th of December 2015 05:15:36 AM
.... . The average house price now stands at £300,000 in England, £196,000 in Scotland and £174,000 in Wales, according to the Office for National Statistics. ...
Mapped: the London boroughs you can no longer afford image
Source : Telegraph [Read Article] Wednesday 16th of December 2015 05:00:42 AM
.... The most affordable place in which to buy this year is Bexley, east London, where the average price of a home (£297,507) is 7. 7 times the average earnings in the area, compared to homes in Kensington and Chelsea, where the average house price (£1,337,647) is 11. ...
UK house price growth speeding up, says ONS image
Source : Guardian [Read Article] Tuesday 15th of December 2015 01:02:34 PM
....”. The ONS said that in October, average house prices reached £300,000 in England, £174,000 in Wales, £196,000 in Scotland and £158,000 in Northern Ireland. ...
England and Wales' most expensive streets: from Kensington to Cobham image
Source : Guardian [Read Article] Friday 11th of December 2015 12:01:02 AM
....It is where Oscar-winning actor Dustin Hoffman reportedly owns a house, and its most desirable property is thought to be worth £20m – although as recently as seven years ago a flat was sold there for less than £500,000. Victoria Road in the heart of Kensington in west London has been named the most expensive residential street in England and Wales, with an average house price of £8,006,000. ...
Source : Reuters [Read Article] Wednesday 9th of December 2015 12:28:43 PM
.... . Savills, which forecasts the average house price of prime property in the capital will fall 2 percent this year, said central London, where foreign investors tend to buy homes and many international firms are based, could be most hit due to the uncertainty ahead of the vote. ...
UK house price growth 'eases' image
Source : BBC [Read Article] Tuesday 8th of December 2015 08:48:46 AM
....Prices in November were down 0. 2% compared with October, cutting the average house price to £204,552. ...
Holding the base rate risks house prices rising faster, says BNP Paribas image
Source : Guardian [Read Article] Monday 7th of December 2015 03:44:49 PM
....7% rise in 2017. This level of growth would see the average house price, as measured on Nationwide’s monthly index, rise from £197,582 in December 2015 to £206,256 by the end of 2016, and £220,116 a year later. ...
Help to buy will just hinder efforts to solve the housing crisis image
Source : Guardian [Read Article] Sunday 6th of December 2015 07:00:13 AM
.... The availability of cut-price, government-backed mortgages could, she said, reinvigorate the market and exacerbate the problem of homes costing too much. Indeed, the Office for Budget Responsibility has predicted that average house prices will increase faster than average wages every year until 2020. ...

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