Inside Business

House prices still rising but it’s renters we should be concerned about

Renters are trapped by sky high house prices and poorly served by the current market. If Labour was smart, it would pick up the cudgels on their behalf, writes James Moore

Wednesday 04 May 2022 21:30
Comments
<p>House prices have put homeownership out of reach for many Britons </p>

House prices have put homeownership out of reach for many Britons

There’s a message for Labour in Zoopla’s latest house price index, just not one immediately obvious from the headline numbers.

They continue to tell a story that has been running since the market’s post-lockdown recovery. House prices are booming with scant sign of a let-up.

Since March 2020, the UK average has risen by £29,000, or 13 per cent. Prices rose 8.3 per cent in just the last year.

Join our new commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in