House Price Growth

According to the Chancellor's Autumn Statement brief, house price growth has moderated since 2014 with prices expected to rise by 6.2% in 2015, down from growth of 9.9% in 2014. 

He noted that real house prices are now 3.0% below their pre-crisis peak. The OBR expects house prices to grow by an average of 5% a year between 2015 and 2020. 

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