UK house prices reach most affordable level since 2015

Summarised from 3 outlets · Updated 2 Oct, 02:19 · Archive

The average UK home costs 7.3 times average earnings, the lowest ratio since 2015, according to Lloyds.

According to Lloyds, the average UK house price-to-earnings ratio has fallen to 7.3 times average earnings, its lowest level since 2015. The ratio has declined from 7.6 a year ago, indicating improved affordability despite some mortgage rates having increased.

How it is being reported

• House prices at their most affordable since 2015 compared to salariesThis is Money · 2 Oct, 00:01
• Britain’s ‘most and least affordable’ places to buy a home revealedEvening Standard · 2 Oct, 00:01
• Mapped: Britain’s ‘10 most and least affordable’ places to buy a homeThe Independent · 2 Oct, 00:01

In this story: Lloyds · UK

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