Summary: prices based on average earnings as part of ongoing preliminary analysis towards the extension of the existing 2 year housing market forecast for a 15 drop from August 2007 to August 2009 The above graph illustrates the current average UK house prices as per the Halifax data real house price trend based on average earnings X 3 5 and the spread between the two which indicates
Image Dimensions: 720 x 432
Image originally found here.